- Title:
Tata Steel Ltd: Intimation of revision in rating - Time:
13:10:54 - Date:
6 Apr 2021 - Category:
Miscellaneous - ID:
5302U
April 6, 2021
London Stock Exchange,
London
Dear Madam, Sir(s),
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 |
S&P Global Ratings |
Issuer credit rating |
'B+' Outlook: Stable |
'BB-' Outlook: Stable |
| ABJA Investment Co. Pte. Ltd. |
Long-term foreign currency issuer credit rating |
'B+' Outlook: Stable |
'BB-' Outlook: Stable |
The report from the credit rating agency covering the rationale for revision in credit rating is enclosed herewith.
http://www.rns-pdf.londonstockexchange.com/rns/5302U_1-2021-4-6.pdf
This is for your information and records.
Tata Steel Ltd: Intimation of revision in rating13:10:546 Apr 2021Miscellaneous5302U