Ref: SEC/921/2025-26
September 30, 2025
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Update on Credit Rating
This is to inform you that, S&P Global, an international credit rating agency, has on
September 29, 2025, published a full analysis report on Tata Steel Limited. The issuer credit rating remains 'BBB Stable Outlook'.
This disclosure is made pursuant to Regulations 30, 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
This is for your information and records.