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Intimation of Revision in Ratings

16th Dec 2021 07:00

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'

Outlook: Positive

'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/8680V_1-2021-12-16.pdf

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END

MSCUNONRAAUUARA

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