Description

BSE lists new commercial paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis with 3-month tenure.

Summary

BSE has listed new commercial paper issued by Tata Power Co. Ltd on private placement basis worth Rs. 500 crores. The commercial paper has a face value of Rs. 5 lakh per unit with 10,000 units issued at a discount price of Rs. 4,92,727.50 per unit.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 each
  • Quantity: 10,000 units (total value Rs. 500 crores)
  • Issue Price: Rs. 4,92,727.50 per unit (at discount)
  • Scrip Code: 730000
  • ISIN: INE245A14KB3
  • Credit Rating: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading must be in standard denomination of Rs. 5 lakhs and multiples
  • Securities will be traded on BSE Debt segment

Important Dates

  • Allotment Date: August 11, 2025
  • Listing Date: August 11, 2025
  • Redemption Date: November 10, 2025
  • Tenure: 3 months (91 days)

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding for Tata Power’s working capital requirements. High credit ratings (A1+) indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing with no market-wide impact