Update on Credit Rating

Summary by AI BETAClose X

S&P Global Ratings has affirmed Tata Steel's issuer credit rating at 'BBB' with a Stable Outlook, indicating confidence in the company's ability to manage leverage metrics. This affirmation is based on S&P's assessment that increased volumes and cost-reduction efforts will offset the impact of recently announced growth projects.

Disclaimer*

Tata Steel Limited
24 December 2025
 

 

 

Ref.: SEC/1442/2025-26

December 24, 2025

London Stock Exchange

London

 

Dear Madam, Sirs,

Sub: Update on Credit Rating

 

This is to inform you that on December 24, 2025, S&P Global Ratings affirmed its issuer credit ratings on Tata Steel at 'BBB' with a Stable Outlook. The ratings affirmation reflects S&P's view that higher volumes and cost-reduction initiatives can balance the effects of recently announced growth projects on Tata Steel's leverage metrics.

 

The report from S&P Global 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.

 

Encl.: As Above     

http://www.rns-pdf.londonstockexchange.com/rns/8706M_1-2025-12-24.pdf                                                                                            

 

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