Description
BSE lists new commercial paper securities of Tata Power Co. Ltd worth Rs. 500 crores for trading on debt segment.
Summary
BSE has listed new commercial paper securities of Tata Power Co. Ltd issued on private placement basis, effective from August 11, 2025. The securities worth Rs. 500 crores (10,000 units of Rs. 5 lakhs each) will trade on BSE’s debt segment with a 3-month maturity period.
Key Points
- Commercial paper of Rs. 5,00,000 face value each (10,000 units)
- Issue price: Rs. 4,92,727.50 per unit
- Scrip Code: 730000, ISIN: INE245A14KB3
- Credit rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 11, 2025
- Trading Commencement: August 11, 2025
- Redemption Date: November 10, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Tata Power and investment option for institutional investors. No effect on equity trading or broader market operations.
Impact Justification
Routine commercial paper listing with no significant market impact