Description

BSE announces listing of TATA Steel Limited's commercial paper worth Rs. 9.5 crores with maturity date of November 7, 2025.

Summary

BSE has listed new commercial paper issued by TATA Steel Limited on private placement basis. The instrument consists of 19,000 units of Rs. 5 lakh each, totaling Rs. 9.5 crores, with a maturity period of approximately 3 months.

Key Points

  • Commercial paper issued on private placement basis
  • Face value: Rs. 5,00,000 per unit
  • Total quantity: 19,000 units
  • Issue price: Rs. 4,92,929 per unit
  • Scrip code: 730004, Scrip ID: TSL110825
  • ISIN: INE081A14GB0
  • Credit rating: ICRA A1+, IND A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • HDFC Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment date: August 11, 2025
  • Listing date: August 12, 2025
  • Redemption date: November 7, 2025

Impact Assessment

Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides TATA Steel with short-term funding for approximately 3 months at competitive rates given the high credit rating.

Impact Justification

Routine commercial paper listing with standard terms and short-term maturity