Plandai Biotechnology, Inc. announced that it has executed an Exclusive Distribution Agreement with Bal Pharma Ltd. Under the terms of the agreement, Bal Pharma will use the company's Phytofare(r) in their finished formulation products while also distributing Phytofare(r) as an active ingredient throughout India. The two-year renewable agreement gives Bal Pharma exclusivity for their territory and fixed pricing based on volume in exchange for defined annual off take.