Interarch Building Solutions Signs MoU with ER Steel Inc. for North America Structural Steel and PEB Business

Interarch Building Solutions Limited has announced the signing of a Memorandum of Understanding (MoU) with ER Steel Inc., Canada, to jointly explore and develop the Structural Steel and Pre-Engineered Building (PEB/PEMB) business across Canada and North America. The board of directors unanimously approved the strategic collaboration at its meeting held on May 13, 2026. The proposed partnership aims to establish a structured framework for jointly pursuing business opportunities, strengthening market penetration, and expanding the company's presence in the North American steel buildings sector.

Strategic Partnership Details

Under the proposed arrangement, Interarch will leverage its engineering, manufacturing, and supply capabilities from India, while ER Steel Inc. will support market development, customer relationships, local execution support, and sales and marketing activities in Canada and North America. The parties intend to operate through flexible engagement models, including ER Steel-led and Interarch direct support structures, depending upon project opportunities. Both parties have agreed to maintain transparency, align operational approaches, and avoid duplication of efforts and market conflict. The parties also intend to avoid direct competition in sensitive sectors, including mining and related industries, and coordinate business development activities for sustained mutual growth.

Particulars	Details
Partner Entity	ER Steel Inc., British Columbia, Canada
Area of Agreement	Strategic collaboration for Structural Steel and Pre-Engineered Building (PEB/PEMB) business in Canada and North America
Scope	Business development, marketing, project execution, and sales growth in structural steel and PEB/PEMB business
Financial Consideration	No fixed financial arrangement has presently been finalized under the MoU
Related Party Transaction	The transaction does not fall under related party transactions

About ER Steel Inc.

ER Steel Inc. is a Canada-based structural and pre-engineered steel buildings company engaged in the design, engineering, fabrication, and delivery of structural steel and pre-engineered steel buildings in North America. The company's established local market presence, execution capability, and customer relationships in the region are expected to complement Interarch's engineering and manufacturing capabilities in India.

Business Rationale

The collaboration is expected to strengthen Interarch's market penetration and long-term growth strategy in Canada and North America by leveraging ER Steel's local market access, execution capability, and customer relationships. The arrangement is expected to support scalable export growth in structural steel and PEB/PEMB business and create a stronger platform for North American business expansion. Any pricing structure, sales commission arrangement, or commercial understanding shall be mutually agreed upon based on the respective role of each party, project contribution, and source of customer acquisition. The MoU is non-binding except for confidentiality, dispute resolution, and other specifically binding clauses.

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Interarch Building Solutions Limited (formerly known as Interarch Building Products Limited) has secured a significant domestic order worth approximately ₹102 Crores plus taxes, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on May 12, 2026. The order pertains to the Design, Engineering, Manufacturing, Supply & Erection of a Pre-Engineered Steel Building System. The identity of the customer has not been revealed at this stage, citing confidentiality and commercial considerations.

Order Details at a Glance

The company has provided a comprehensive disclosure as required under SEBI Listing Regulations, including the relevant SEBI circulars. The key parameters of the secured order are summarised below:

Parameter:	Details
Order Value:	Approximately ₹102 Crores plus taxes
Nature of Order:	Design, Engineering, Manufacturing, Supply & Erection of Pre-Engineered Steel Building System
Customer Name:	Not disclosed (confidentiality and commercial considerations)
Order Type:	Domestic
Execution Period:	Approximately 8–10 months
Promoter/Group Interest:	No
Related Party Transaction:	Not Applicable

Scope of Work

The contract encompasses the complete scope of services, including Design, Engineering, Manufacturing, Supply & Erection of the Pre-Engineered Steel Building System. The order is to be executed within an approximate timeline of 8–10 months from the date of award. The company has confirmed that neither the promoter nor the promoter group or group companies have any interest in the entity awarding the contract, and the transaction does not fall within the purview of related party transactions.

Regulatory Disclosure

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The announcement was signed by Arvind Nanda, Managing Director of Interarch Building Solutions Limited, on May 12, 2026. The company is headquartered at B-30, Sector 57, Noida – 201301, India.