Description
BSE announces listing of new commercial paper worth Rs. 245 crores issued by Tata Steel Limited on private placement basis.
Summary
BSE has listed new Commercial Paper securities of TATA STEEL LIMITED worth Rs. 245 crores (49,000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective September 10, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 49,000 units (total value Rs. 245 crores)
- Scrip Code: 730171, Scrip ID: TSL90925
- ISIN: INE081A14GD6
- Credit Rating: ICRA A1+, IND A1+
- Issue Price: Rs. 492,734.50 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited serves as Issuing and Paying agent
Important Dates
- Allotment Date: September 9, 2025
- Listing Date: September 10, 2025
- Redemption Date: December 8, 2025
- Tenure: 90 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term funding instrument for institutional investors in Tata Steel’s debt securities.
Impact Justification
Standard commercial paper listing with no regulatory changes or market impact