REG - Tata Steel Limited - Intimation of Revision in Ratings

TATA SteelAnnouncement

08/07/2021 16:00

RNS Number : 6717E
  
Tata Steel Limited
  
08 July 2021
  
 

July 8, 2021
 




London Stock Exchange
London


 




 
Dear Sirs/Madam,
 
Sub:  Intimation of Revision in Ratings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
 
This has reference to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (the "Regulations"). In accordance with the said Regulation(s), please find below the details of revision in ratings for Company:
 




Name of the Company


Credit Rating Agency


Type of Credit Rating


Existing


Revised




Tata Steel Limited


CARE Ratings


Long-term credit rating


'AA'
Outlook: Negative


'AA+'
Outlook: Stable




  
The report from the credit rating agency covering the rationale for revision in credit rating is enclosed.
 
This is for your information and records.
 
 http://www.rns-pdf.londonstockexchange.com/rns/6717E_1-2021-7-8.pdf
 

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