Intimation of Revision in Ratings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
(WorldNews India)

TSUKH in light of increasing restrictions on people`s movement and the potential for a shutdown of operations to ensure employee safety; (2) the impact of the outbreak on demand, steel prices and product spreads; (3) an analysis of their asset base, cost structure, likely cash burn rate and liquidity, as well as management`s strategy for coping with prolonged low and volatile commodity prices; (4) the impact of potential countermeasures such as capex deferment as well as any government measures to support the steelmakers` operations and consumers in their main markets; and (5) their resilience in various stress testing scenarios, especially with respect to their liquidity profiles. Moody`s...