Aris Infra Solutions Limited has announced signing a strategic Memorandum of Understanding (MoU) with JS Infra Solutions to explore collaboration opportunities in India's asphalt and road infrastructure materials ecosystem. The announcement was made through a press release, filed under Regulation 30 of SEBI listing requirements.

Market Opportunity and Scale

India's asphalt market presents significant growth potential, anchored by substantial bitumen demand and one of the world's largest road networks. The market fundamentals demonstrate strong underlying demand drivers.

This growth trajectory is supported by sustained investments in highways, metro corridors, urban roads, and periodic resurfacing cycles across India's extensive infrastructure network.

Strategic Partnership Framework

The MoU establishes a framework for assessing collaboration feasibility, with initial focus on the Mumbai region—one of India's most demanding infrastructure markets. The partnership model is designed to be replicable across other infrastructure-intensive regions, subject to feasibility and performance validation.

The proposed collaboration combines complementary strengths:

• JS Infra Solutions: On-ground execution capability and regional market presence
• Aris Infra Solutions: Operating infrastructure, sourcing capabilities, and technology-enabled coordination systems
• Strategic Approach: Asset-light, partnership-driven model for the asphalt segment

Partner Profile and Capabilities

JS Infra Solutions operates as one of the top ten asphalt producers in the Mumbai region, bringing substantial execution experience across complex infrastructure projects. The company's operational expertise spans arterial roads, metro-linked infrastructure, flyovers, and dense urban corridors, serving leading EPC contractors and infrastructure developers.

Management Commentary

Ronak Morbia, Chairman & Managing Director of Aris Infra Solutions Limited, commented on the strategic rationale: "Road infrastructure in India is entering a phase where execution quality and operating discipline matter as much as material supply. This MoU allows us to evaluate the asphalt segment through a partnership-led, asset-light approach, aligned with how we build scalable and profitable execution ecosystems."

Pinal Kothari, Owner of JS Infra Solutions, highlighted the collaboration potential: "We have built strong execution capabilities in some of India's most complex urban infrastructure environments. Exploring a collaboration with Aris Infra allows us to assess how operating systems, sourcing scale, and execution experience can come together in a structured and scalable manner."

Implementation and Regulatory Framework

The MoU represents an initial assessment phase, with any definitive arrangements subject to comprehensive approval processes. Future developments will require execution of definitive agreements, Board of Directors approval, and receipt of applicable statutory and regulatory approvals. Currently, there is no binding obligation or capital commitment on either party at this evaluation stage.

The strategic initiative reflects Aris Infra Solutions' approach to expanding its construction materials supply and services network through partnership-driven models, targeting scalable entry into high-potential market segments within India's infrastructure ecosystem.

ArisInfra Solutions Limited has announced the resignation of Mr. Manish Kumar Singh from his position as Nominee Director, effective from the close of business hours on December 17, 2025. The company informed both BSE and NSE about this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mr. Manish Kumar Singh, holding DIN 06736030, served as the Nominee Director on behalf of Siddhant Partners. In his resignation letter dated December 17, 2025, Singh cited pre-occupation as the reason for stepping down from his directorial position.

Board Committee Impact

Consequent to his resignation, Mr. Singh will also cease to be a member of all Board Committees, if any, with effect from the close of business hours on December 17, 2025. The departing director confirmed in his resignation letter that there are no other material reasons for his resignation beyond those stated.

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing the stock exchanges and completing necessary compliance requirements. The resignation details have been filed in accordance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Management Response

The company, through Chairman and Managing Director Mr. Ronak Kishor Morbia (DIN: 09062500), acknowledged the resignation and expressed gratitude for Singh's support and cooperation during his tenure as director. The necessary filings with the Registrar of Companies and disclosures to stock exchanges will be completed as per applicable regulations.

The resignation represents a routine corporate governance matter, with the company ensuring full compliance with all regulatory requirements and maintaining transparency with stakeholders through proper disclosure mechanisms.