REG - Tata Steel Limited - Intimation of Revision in Ratings
RNS Number : 6717ETata Steel Limited08 July 2021July 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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