Description

BSE lists 10,000 Commercial Papers of Tata Power Company Limited worth Rs. 5 lakh each, issued on private placement basis with maturity on December 22, 2025.

Summary

BSE has listed new Commercial Paper issued by Tata Power Company Limited on private placement basis effective October 8, 2025. The issue consists of 10,000 units with face value of Rs. 5,00,000 each, issued at Rs. 4,93,991 per unit, maturing on December 22, 2025. The securities carry dual credit ratings of CRISIL A1+ and IND A1+, with ICICI Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • Scrip Code: 730364, Scrip ID: TPC081025
  • ISIN: INE245A14KH0
  • Quantity: 10,000 Commercial Papers
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,93,991 per unit
  • Total Issue Size: Rs. 500 crores
  • Market Lot: 1 unit
  • Credit Rating: CRISIL A1+ and IND A1+
  • Allotment Date: October 8, 2025
  • Redemption Date: December 22, 2025
  • Tenor: 75 days
  • Trading: Dematerialized form only

Regulatory Changes

No regulatory changes introduced. This is a standard debt instrument listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KH0
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will be traded on BSE Debt segment

Important Dates

  • Allotment Date: October 8, 2025
  • Listing Date: October 8, 2025
  • Redemption Date: December 22, 2025

Impact Assessment

Minimal market impact. This is a routine short-term commercial paper issuance by Tata Power Company Limited for working capital requirements. The instrument has strong credit ratings (A1+) indicating highest safety for short-term debt. The 75-day maturity period suggests this is for meeting immediate funding needs. Trading is restricted to institutional participants given the Rs. 5 lakh minimum denomination. No impact on equity markets or retail investors.

Impact Justification

Routine commercial paper listing by established company with short 75-day tenure. No regulatory changes or compliance impacts for broader market.