Description
New commercial paper worth Rs. 500 crores issued by Tata Power Co. Ltd listed on BSE debt segment for trading.
Summary
Tata Power Co. Ltd has issued new commercial paper worth Rs. 500 crores on private placement basis, which has been listed and admitted for trading on BSE debt segment effective August 26, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each with quantity of 10,000 units
- Scrip Code: 730092, Scrip ID: TPCL260825
- ISIN Number: INE245A14KC1
- Credit Rating: CRISIL A1+, IND A1+
- Issue Price: Rs. 492,830.50 per unit
- ICICI Bank Limited acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Date of Allotment: August 26, 2025
- Date of Redemption: November 24, 2025
- Trading effective from: August 26, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding requirements. The 90-day maturity period indicates standard working capital financing needs.
Impact Justification
Routine commercial paper listing with no market-wide implications