BSECompany Update6 Aug 2026 · 6 Aug 2026, 07:47 pm
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding approval for entering into Joint Venture Agreement and incorporation of joint venture company with E.R steel Inc.
Interarch Building Solutions Ltd · 544232
✦ AI SummaryJoint Venture
Interarch Building Solutions Ltd has announced entering into a joint venture with ER Steel Inc., Canada, to explore and develop the Open Web Steel Joists (OWSJ) business for the North American market.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Full Announcement
Interarch Building Solutions Ltd - 544232 - Announcement under Regulation 30 (LODR)-Joint Venture
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Date: 06/08/2026
To, To,
National Stock Exchange of India Ltd., BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Bandra (E), Dalal Street
Mumbai - 400051 Mumbai- 400001
NSE Scrip Symbol: INTERARCH BSE Scrip Code 544232
Sub: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("Listing Regulations")
Dear Sir/ Madam,
In compliance with Regulation 30(6) read with Schedule Ill of the SEBI Listing Regulations, we hereby
inform you that as part of the Company’s strategic business growth initiatives and opportunities for
international expansion, and pursuant to the approval of the Board of Directors of Interarch Building
Solutions Limited (“the Company”) at its meeting held on Thursday, August 6, 2026 the Company has
unanimously approved entering into a Joint Venture Agreeement with ER Steel Inc., Canada, to jointly
explore and develop the Open Web Steel Joists (OWSJ) business for the North American market.
The proposed collaboration aims to establish a structured framework for jointly evaluating the design,
engineering, manufacturing and supply of OWSJ products through a scalable and cost-efficient platform
in India. Under the proposed arrangement, engineering, detailing, manufacturianngd quality compliance
activities are proposed to be led by Interarch from India, while ER Steel will primarily support market
development, customer relationships, sales and marketing activities in Canada and North America.
Detailed disclosure in this regard as required under Regulation 30(6) and Schedule Ill of the SEBI
Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated
January 30, 2026 are given in Annexure A & Annexure B to this letter.
This intimation is also being uploaded on the website of the Company at
www.interarchbuildings.com .
This is for your information and records.
Thanking You,
ARVIND NANDA
MANAGING DIRECTOR
DIN: 00149426
INTERARCH BUILDING SOLUTIONS LIMITED
(Formerly known as Interarch Building Products Limited)
Head Office : B-30, Sector 57, Noida - 201301, India.
Tel.: +91 120 4170200, CIN: L45201DL1983PLC017029
Registered Office: Farm No-8, Khasra No. 56/23/2, Dera Mandi Road, Mandi Village, Tehsil Mehrauli, New Delhi - 110047, India.
info@interarchbuildings.com www.interarchbuildings.com
Annexure A
Details with respect to the Joint Venture Agreement as required under Regulation 30(6) read with
Schedule 1ll, Part A, Para B(2) of the SEBI Li ing Regulations read with SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Arrangements for strategic, technical, manufacturing, or marketing-tie-up-Agreemejnotin/t
venture (JV) with companies
S.No. Particulars Disclosure
1 Name of the entity(ies) with ER Steel Inc., Canada
whom agreementJ/V is signed
2. Area of agreement/JV; Design, engineering, manufacturing and
supply of Open Web Steel Joists (OWSJ)
3 Domestic/international; The product (OWSJ) is intented to serve USA
and Canadian markets
4. Share exchangeratie/ JV ratio; 76 % Inteararch : 24% ER Steel Inc.
5. Scope of Business operation Engineering, detailing, manufacturing and
quality compliance activities are proposed to
be led by Interarch from India.
ER Steel will primarily support market
development, customer relationships, sales
and marketing activities in USA & Canadian
markets.
6. Details of consideration paid The initial funding required by the JV
/received in agreement / $; compantyo procure land, to undertake
the development and operationalisation
of the Business, and to meet tial
working capital requirements is expected
to be [INR 80,00,00,000 (Indian Rupees
Eighty Crore)
An amount equal to 25% (twenty five per
cent) of the Initial Cost shall be
contributed by way of (a) Incorporation
Capital contributed by Interarch; and (b)
remittance of Initial Contribution by the
Shareholders
INTERARCH BUILDING SOLUTIONS LIMITED
(Formerly known as Interarch Building Products Limited)
Head Office : B-30, Sector 57, Noida - 201301, India.
Tel.: +91 120 4170200, CIN: L45201DL1983PLC017029
Bu G
Registered Office: Farm No-8, Khasra No. 56/23/2, Dera Mandi Road, Mandi Village,T sil Mehrauli, New Delhi - 110047, India.
info@interarchbuildings.com www.interarchbuildings.com
The balance 75% (seventy five per cent)
of the Initial Cost, being INR
[60,00,00,000] (Indian Rupees [Sixty
Crores]) shall be contributed by the
Shareholders in 3 (three) equal tranches
of INR [20,00,00,000] (Indian Rupees
[Twenty Crores]) each and such that
Interarch and ER Steel contribute the
Committed Capital in the Agreed
Shareholding Rati (74:26)
7. Significant terms and conditions Equity split: Interarch will hold 76% and
of agreemen/ ItV in brief; ER Steel 24% on a fully diluted basis, and
the shareholding is intended to remain in
that ratio through the staged
funding/tranche closings.
Funding structure: The parties will make
an initial contribution at the Initial
Closing, and the balance of the initial cost
will be contributed in 3 equal tranches on
each relevant tranche closing date, subject
to the conditions precedent.
Offtake commitment: ER Steel must enter
into an Offtake Agreement with the JVCo
and purchase a minimum quantity of
OWSJ products for distribution and sale in
Canada & USA. This is a major commercial
assurance for the JV.
Governance/formation framework:
Interarch will incorporate the JVCo in
India, and the JVCo will execute a Deed of
Adherence to be bound by the JV terms
once incorporated. The agreement also
sets the management and regulatory
framework for the JVCo.
INTERARCH BUILDING SOLUTIONS LIMITED
(Formerly known as Interarch Building Products Limited)
Head Office : B-30, Sector 57, Noida - 201301, India.
Tel.: +91 120 4170200, CIN: L45201DL1983PLC017029
Registered Office: Farm No-8, Khasra No. 56/23/2, Dera Mandi Road, Mandi Village, Tehsil Mehrauli, New Delhi - 110047, India.
info@interarchbuildings.com www.interarchbuildings.com
8. Whether the acquisition would fall No.
within related party transactions and
whether the promoter/ promoter
group/ group companies have any
interest in the entity being acquired?
If yes, nature of interest and details
thereof and whether the same is
done at “arms length”;
9 Size of the entity(ies); The Total initial investment planned is 80
Crores. Depending on the growth of the
business, we have option to expand
further.
10 Rationale and benefit expected. Considering ER Steel Inc.’s presence in USA
& Canadian market, this JV with ER Steel
Inc. for the Design, Manufacturing &
Supply of Open Web Steel Joits would open
anew market for us.
Interarch’s strength in Engineering &
manufacturing combined with ER Steel
Inc’s knowledge & presence in the target
market makes a very strong basis for a
successful partnership.
In the short term, the plan is to capture 2
to 5% of the market share in the next three
years, which opens up a completely new
revenue stream for the company.
For INTERARCH BUILDING SOLUTIONS LIMITED
ARVIND NANDA
MANAGING DIRECTOR
DIN: 00149426
INTERARCH BUILDING SOLUTIONS LIMITED
(Formerly known as Interarch Building Products Limited)
Head Office : B-30, Sector 57, Noida - 201301, India.
Tl +91 120 4170200, CIN: L4S201DL1983PLCO17029
BUIL%RG
Registered Office: Farm No-8, Khasra No. 56/23/2, Dera Mandi Road, Mandi Village, Tehsil Mehrauli, New Delhi - 110047, India.
info@interarchbuildings.com www.interarchbuildings.com