Indian Oil Corporation has informed in accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, that Credit Rating Agency Moody’s has revised the outlook of IndianOil’s debt Instrument, ‘Senior unsecured debt - Foreign Currency’ from Stable to Negative. The updated credit rating is being hosted on the website of the Company.
The above information is a part of company’s filings submitted to BSE.