RNS Number : 2157S

Tata Steel Limited

23 July 2025

July 23, 2025

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 on July 22, 2025, completed the periodic review of credit rating of Tata Steel Limited ('Company'). The Company's 'Baa3' issuer rating and 'Stable' rating outlook remain unchanged.

The press release from Moody's is enclosed for reference.

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.

http://www.rns-pdf.londonstockexchange.com/rns/2157S_1-2025-7-23.pdf

Encl.: As Above                                                                                                 

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