REG - Tata Steel Limited - Revision in rating

TATA SteelAnnouncement

25/09/2023 14:45

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RNS Number : 5655N  Tata Steel Limited  25 September 2023

September 25, 2023

 

London Stock Exchange

London

 

Dear Madam, Sirs,

Sub:  Revision in Rating

 

We wish to inform you that Moody's, an international credit rating agency, has
today, i.e., September 25, 2023, upgraded the corporate family rating of Tata
Steel Limited from

'Ba1' Positive to 'Baa3' Stable.

 

The report from Moody's providing the rationale for revision in rating is
enclosed for reference.

http://www.rns-pdf.londonstockexchange.com/rns/5655N_1-2023-9-25.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5655N_1-2023-9-25.pdf)

 

This disclosure is made pursuant to Regulation 30(6) read with Part A of
Schedule III of the SEBI (Listing Obligations and Disclosure Requirements),
Regulations, 2015, as amended.

 

 

This is for your information and records.

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