REG - Tata Steel Limited - Intimation of Revision in Ratings

TATA SteelAnnouncement

16/12/2021 07:01

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RNS Number : 8680V  Tata Steel Limited  16 December 2021

December 16, 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 and its subsidiary: -

 

 Name of the Company  Credit Rating Agency  Type of Credit Rating     Existing            Revised
 Tata Steel Limited   India Ratings         Long- term credit rating  'AA'                'AA+'

                                                                      Outlook: Positive   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/8680V_1-2021-12-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8680V_1-2021-12-16.pdf)

 

 

 

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