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Intimation of Revision in Ratings

8th Jul 2021 15:58

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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END

MSCUWVSRASUBRAR

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