Description
BSE lists Rs. 250 crore Commercial Paper issue by Tata Housing Development Company Limited with 3-month maturity.
Summary
BSE has listed new Commercial Paper worth Rs. 250 crore issued by Tata Housing Development Company Limited on private placement basis, effective August 29, 2025. The instrument carries CARE A1+ and IND A1+ credit ratings with a 3-month maturity period.
Key Points
- Commercial Paper of Rs. 5 lakh denomination each (5000 units)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,558 per unit (discount of Rs. 7,442)
- Credit rating: CARE A1+ and IND A1+
- Scrip code: 730115, Scrip ID: THDC280825
- ISIN: INE582L14IU0
- HDFC Bank acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
- Trading members can contact debt department for clarifications
Important Dates
- Allotment date: August 28, 2025
- Trading commencement: August 29, 2025
- Redemption date: November 27, 2025
- Maturity period: 3 months
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding avenue for Tata Housing Development Company Limited and offers investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no broader market implications