Description
BSE announces listing of Rs. 250 crore Commercial Paper by Tata Housing Development Company Limited with 3-month tenure.
Summary
BSE has listed new Commercial Paper worth Rs. 250 crores issued by Tata Housing Development Company Limited on private placement basis. The instrument carries CARE A1+ and IND A1+ credit ratings with a 3-month maturity period.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (5000 units)
- Total issue size: Rs. 250 crores
- Issue price: Rs. 4,92,558 per unit
- Credit rating: CARE A1+ and IND A1+
- ISIN: INE582L14IU0
- Scrip Code: 730115
- Market lot: 1 unit
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
Important Dates
- Allotment Date: August 28, 2025
- Trading Commencement: August 29, 2025
- Redemption Date: November 27, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Tata Housing Development Company Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact