Pursuant to Regulation 30, read along with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the Listing Regulations), Tata Sponge Iron has informed that the company has downgraded the Long Term ratings assigned to the fund based bank limits, and re-affirmed the short term rating assigned to the non-fund based bank facilities of the Company.
The above information is a part of company’s filings submitted to BSE.