How to use Azure file share in IIS Shared Configuration?

IIS Shared Configuration allows system administrators to use multiple IIS servers sharing the same configuration file. If you want to keep this configuration file in an Azure file share, there is a specific procedure you need to follow. Step-by-step procedure is in the Solution section below.

You can also try to use “Map network drive” feature in Windows File Explorer or the New-PSDrive command below. In my case, neither of these options provided a permanent solution.