General Announcement::News clarification
Issuer & Securities
Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
01-Oct-2015 22:52:51
Status
New
Announcement Sub Title
News clarification
Announcement Reference
SG151001OTHRSRED
Submitted By (Co./ Ind. Name)
Hoshang Sethna
Designation
Company Secretary
Effective Date and Time of the event
01/10/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
With reference to emails dated October 1, 2015 received from BSE Limited and NSE India Limited, we would like to inform you that Standard and Poor s Rating Services has vide its Research Update dated September 29, 2015, reaffirmed the existing rating of BB and there has been no change in the rating. The Company would like to clarify that the rating outlook on Tata Motors has been revised to Stable from Positive on account of China Slowdown and continued capex.
The above information is in public domain and the Company s website is also updated in this regard.
This is for the information of the exchange.
Attachments
Letter-NSE-BSE-News-Clarification.pdf
Total size =228K
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