JSW Steel announced that Moody's Investors Service vide their release dated July 22,2020 has retained the Company's ratings at Ba2 with Outlook revised to Negative.

Corporate Family Rating (CFR) - Ba2;Negative (Revised from Ba2 placed under rating downgrade; Ratings under review)

Senior Unsecured Debt Rating - Ba2;Negative (Revised from Ba2 placed under rating downgrade; Ratings under review)

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