Description

BSE announces listing of Tata Power's Rs. 500 crore commercial paper issue with 3-month tenure on debt segment.

Summary

BSE has listed Tata Power Co. Ltd’s new commercial paper issue of Rs. 500 crores on private placement basis. The commercial papers are denominated at Rs. 5 lakh each with a total of 10,000 units, maturing on October 29, 2025.

Key Points

  • Commercial paper denomination: Rs. 5,00,000 per unit
  • Total quantity: 10,000 units (Rs. 500 crores)
  • Issue price: Rs. 4,92,727.50 per unit
  • Credit rating: CRISIL A1+, IND A1+
  • Scrip code: 729933, ISIN: INE245A14KA5
  • Market lot: 1 unit
  • Trading in dematerialized form only

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Contact debt department for clarifications on specified numbers

Important Dates

  • Allotment date: July 30, 2025
  • Redemption date: October 29, 2025
  • Trading effective from: July 30, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Tata Power with 3-month maturity. ICICI Bank serves as issuing and paying agent, ensuring operational efficiency.

Impact Justification

Routine commercial paper listing with standard terms, limited market impact