Description

BSE lists new Commercial Paper securities of Tata Power Co. Ltd worth Rs. 500 crores issued on private placement basis, effective July 30, 2025.

Summary

BSE has listed new Commercial Paper securities of Tata Power Co. Ltd issued on private placement basis. The securities are worth Rs. 500 crores (10,000 units of Rs. 5 lakhs each) with CRISIL A1+ and IND A1+ credit ratings. Trading commenced on July 30, 2025.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 10,000 units (Total value: Rs. 500 crores)
  • Scrip Code: 729933
  • ISIN: INE245A14KA5
  • Issue Price: Rs. 4,92,727.50 per unit
  • Credit Rating: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Securities will be traded only in dematerialised form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Important Dates

  • Allotment Date: July 30, 2025
  • Trading Commencement: July 30, 2025
  • Redemption Date: October 29, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding for Tata Power with a 3-month tenure. High credit ratings (A1+) indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing with no material market impact