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 worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis. The securities are admitted for trading on the BSE Debt segment with effect from September 4, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each with 10,000 quantity listed
- Scrip Code: 730144, ISIN: INE245A14KE7
- Credit Rating: CRISIL A1+, IND A1+
- Issue Price: Rs. 4,92,643/- per unit
- ICICI Bank Limited serves as Issuing and Paying agent
- 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 for securities is 1 paise
Important Dates
- Allotment Date: September 3, 2025
- Trading Effective Date: September 4, 2025
- Redemption Date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for Tata Power and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide implications