About Us

Karnataka Cashew Development Corporation Ltd. was incorporated and registered on 14th February 1978 under the Companies Act, 1956 with the object of managing the cashew plantations transferred to the Company by the Karnataka Forest Department and to increase the areas of cashew cultivation in the State. The registered office is located at Abbakkanagar, 1st Main, Kottara, Mangalore-575 006. Phone No. 0824 2457227, Fax no. 0824 2457724.

The authorized share capital is Rs.600 lakhs and the subscribed share capital is Rs.459.03 lakhs of which Rs.44 lakhs is held by Government of India in the form of 4400 equity shares and the remaining Rs.415.03 lakhs is held by Government of Karnataka in the form of 41503 equity shares. 8000 ha. of reserved forests with cashew plantations have been transferred to the Company by the Government of Karnataka in the year 1979 and 5000 ha. of reserved forests with cashew plantations have been transferred to the Company by the Government of Karnataka in the year 1993 towards equity. In addition, 11085.95 ha. of reserved forests with cashew plantations have been transferred by Government of Karnataka from the year 1993 to the Company on lease basis. 2951.62 ha. of reserved forests have also been transferred to the Company by the Government of Karnataka on lease basis  during 1982-1987 for raising cashew plantations. The total holding of the Company as on 31-03-2012 is 25658.11 ha. of which 12738.51 ha. is held as equity and the remaining 12919.60 ha. is held on lease.