24 Aug 2021 12:54
August 24, 2021
London Stock Exchange
London
Dear Madam, Sir,
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 the Company:
Name of the Company | Credit Rating Agency | Type of Credit Rating | Existing | Revised |
Tata Steel Limited | Brickwork Ratings | Long- term credit rating | 'AA' Outlook: Stable | 'AA+' 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/6367J_1-2021-8-24.pdf
This is for your information and records.
Tata Steel (TTST)