Piramal Phytocare has entered into trade mark & know how license agreement and distribution agreement with Piramal Enterprises. The trademark & know how license agreement is for granting an exclusive license to the company for using specific trade mark of PEL against payment of royalty. Besides, the distribution agreement is for appointment of PEL as a distributor for selling company's products bearing specific trademarks under which the company would be selling the products to PEL for onward distribution for a distribution margin.