Description
BSE lists new commercial paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis for trading on debt segment.
Summary
BSE has listed new commercial paper securities issued by Tata Power Co. Ltd worth Rs. 500 crores (10,000 units of Rs. 5 lakh each) on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from September 1, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 10,000 units (Total value: Rs. 500 crores)
- Scrip Code: 730119
- Scrip ID: TPCL29825
- ISIN: INE245A14KD9
- Credit Rating: CRISIL A1+, IND A1+
- Issue Price: Rs. 4,92,794.50 per unit
- 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 to be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 29, 2025
- Trading Start Date: September 1, 2025
- Redemption Date: November 27, 2025
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides short-term financing option for Tata Power and investment opportunity for institutional investors in highly rated commercial paper.
Impact Justification
Routine commercial paper listing with no significant market impact