Description
BSE announces listing of Rs. 245 crore commercial paper issued by Tata Steel Limited on private placement basis.
Summary
BSE has listed new commercial paper worth Rs. 245 crore issued by Tata Steel Limited on private placement basis. The securities are available for trading on BSE Debt segment with effect from September 10, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5 lakh denomination each
- Quantity: 49,000 units (total value Rs. 245 crore)
- Scrip Code: 730171
- ISIN: INE081A14GD6
- Credit Rating: ICRA A1+, IND A1+
- Issue Price: Rs. 4,92,734.50 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 9, 2025
- Listing Date: September 10, 2025
- Redemption Date: December 8, 2025
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides additional short-term funding avenue for Tata Steel and investment option for institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with no regulatory changes or compliance requirements