29th Aug 2024 07:00
August 28, 2024
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Update on Credit Rating
This is to inform you that, Moody's, an international credit rating agency, has today, i.e.August 28, 2024, re-affirmed the long-term issuer rating of Tata Steel Limited at 'Baa3' with 'Stable Outlook'.
The report from Moody's providing the rationale for re-affirmation of the rating is enclosed for reference.
This disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended.
This is for your information and records.
http://www.rns-pdf.londonstockexchange.com/rns/0650C_1-2024-8-28.pdf
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Tata Steel