Description
BSE lists new Commercial Paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis.
Summary
BSE has listed new Commercial Paper of Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis. The securities will be traded on BSE Debt segment with effect from August 26, 2025.
Key Points
- Commercial Paper worth Rs. 500 crores (10,000 units of Rs. 5 lakhs each)
- Issue price: Rs. 492,830.50 per unit (Face value: Rs. 5,00,000)
- Credit Rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- ICICI Bank Limited acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Use specified ISIN Number INE245A14KC1
Important Dates
- Date of allotment: August 26, 2025
- Trading commencement: August 26, 2025
- Date of Redemption: November 24, 2025
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides additional short-term funding avenue for Tata Power and investment option for institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact