TATA TELESERVICES (MAHARASHTRA) LTD. - Credit Rating

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that ICRA Limited ('ICRA') has revised its ratings on the facilities of the Company to [ICRA]A- under rating watch with developing implications and has removed the Stable outlook.<BR> <BR> The Rating Rationale of ICRA dated October 17, 2017 for the revision in credit rating is enclosed.<BR>