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Intimation of Revision in Ratings under the SEBI

15th Sep 2021 07:00

RNS Number : 7794L
Tata Steel Limited
14 September 2021
 

September 14, 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

Moody's

Corporate Family Rating

'Ba2'

Outlook: Stable

'Ba1'

Outlook: Stable

The report from the credit rating agency covering the rationale for revision in credit rating is enclosed.

 

http://www.rns-pdf.londonstockexchange.com/rns/7794L_1-2021-9-14.pdf

 

 

This is for your information and records.

 

 

 

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END
 
 
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