Update on Credit Rating

Summary by AI ^BETAClose X

Tata Steel Limited announced on May 29, 2026, that Moody's Ratings has upgraded its issuer rating from 'Baa3 (Stable)' to 'Baa2 (Stable)'. This upgrade signifies an improved creditworthiness for the company, which could positively impact its stock share price by potentially lowering borrowing costs and increasing investor confidence.

Disclaimer*

Tata Steel Limited

29 May 2026

Ref: SEC/397/2026-27

May 29, 2026

London Stock Exchange

London

Dear Madam, Sirs,

Sub: Update on Credit Rating

We wish to inform you that, today i.e., on May 29, 2026, Moody's Ratings ('Moody's') upgraded the issuer rating of Tata Steel Limited from 'Baa3 (Stable)' to 'Baa2 (Stable)'. The press release from Moody's is enclosed for reference.

This disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 51 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/2980G_1-2026-5-29.pdf

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