As part of the agreement, authorities from both colleges agreed to collaborate in activities like faculty exchange, student exchange, seminars and other activities. Dr.Sr.Rini Raphael, Principal, Carmel College, Dr.Joy K L, Principal, Sahrdaya College, Dr.Rema P, HOD, Business Administration, Carmel College and Savio Francis Fernandes, HOD, Management Studies, Sahrdaya College signed the agreement.