Description

BSE announces listing of Tata Power's Rs. 500 crore commercial paper issue with 91-day tenure on debt segment.

Summary

BSE has listed Tata Power Co. Ltd’s new commercial paper issue worth Rs. 500 crores on private placement basis. The securities are available for trading on the BSE Debt segment with effect from July 30, 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

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • ICICI Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment date: July 30, 2025
  • Trading commencement: July 30, 2025
  • Redemption date: October 29, 2025
  • Tenure: 91 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides additional short-term funding avenue for Tata Power and investment option for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with no significant market impact