/Equities/XLOM/TTST/RNS

Revision in rating

RNS Number : 5655N

Tata Steel Limited

25 September 2023

September 25, 2023

London Stock Exchange

London

Dear Madam, Sirs,

Sub: Revision in Rating

We wish to inform you that Moody's, an international credit rating agency, has today, i.e., September 25, 2023, upgraded the corporate family rating of Tata Steel Limited from
'Ba1' Positive to 'Baa3' Stable.

The report from Moody's providing the rationale for revision in rating is enclosed for reference.

http://www.rns-pdf.londonstockexchange.com/rns/5655N_1-2023-9-25.pdf

This disclosure is made pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended.

This is for your information and records.

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