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