Description
BSE lists Rs. 300 crore Commercial Paper issue by Tata Housing Development Company Limited with 3-month maturity and CARE A1+ rating.
Summary
BSE has listed new Commercial Paper worth Rs. 300 crores issued by Tata Housing Development Company Limited on private placement basis. The securities will trade in dematerialized form with a face value of Rs. 5 lakhs each and mature in December 2025.
Key Points
- 6,000 Commercial Paper units of Rs. 5,00,000 each listed on BSE Debt segment
- Issue price: Rs. 4,92,543 per unit (discount to face value)
- Credit rating: CARE A1+ and IND A1+
- ISIN: INE582L14IV8, Scrip Code: 730170
- Trading in standard denomination of 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 restricted to 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
- Trading Effective Date: September 10, 2025
- Redemption Date: December 8, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides short-term funding option for Tata Housing Development Company Limited and investment opportunity for institutional investors in highly-rated debt securities.
Impact Justification
Routine commercial paper listing with no market-wide implications