Intimation under Regulation 30 of the SEBI(LODR) Regulations,2015 for entering into MOU with ER Steel Inc., British Columbia, Canada for exploration and development of open web steel joist (OWSJ) business for North America and Canada

Interarch Building Solutions has entered into a non-binding MoU with ER Steel Inc., a Canadian structural steel company, to jointly explore and develop the Open Web Steel Joists (OWSJ) business for the North American market. The proposed arrangement involves a 50:50 equity participation in a joint venture entity, subject to feasibility studies. Under the agreement, Interarch will lead engineering, detailing, manufacturing, and quality compliance activities from India, while ER Steel will handle market development, sales, and marketing in North America. The parties also intend to evaluate establishing a manufacturing base in Ativaram, Andhra Pradesh. No financial terms have been finalized yet, and the MoU remains non-binding except for confidentiality and dispute resolution clauses.