Description

BSE lists commercial paper worth Rs. 500 crores issued by Tata Power Company Limited on private placement basis, with maturity date of December 22, 2025.

Summary

BSE has listed commercial paper issued by Tata Power Company Limited on private placement basis with effect from October 8, 2025. The issue comprises 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, with a maturity period of 75 days (redemption on December 22, 2025). The securities are rated CRISIL A1+ and IND A1+, with ICICI Bank Limited serving as the issuing and paying agent.

Key Points

  • Total issue size: Rs. 500 crores (10,000 units × Rs. 5,00,000)
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,93,991 per unit (discount of Rs. 6,009)
  • Scrip code: 730364
  • Scrip ID: TPC081025
  • ISIN: INE245A14KH0
  • Credit rating: CRISIL A1+ and IND A1+
  • Market lot: 1 unit
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KH0
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be followed
  • All standard BSE Debt segment trading rules apply

Important Dates

  • Notice date: October 8, 2025
  • Allotment date: October 8, 2025
  • Listing date: October 8, 2025
  • Redemption date: December 22, 2025
  • Tenor: 75 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The securities are highly rated (A1+) and provide trading members with additional investment options in the debt market.

Operational Impact: None for general market participants. Only trading members dealing in debt securities need to be aware of the new listing for potential trading opportunities. The issuing and paying agent (ICICI Bank Limited) will handle all operational aspects of issuance and redemption.

Impact Justification

Routine commercial paper listing with no regulatory changes or compliance requirements for market participants beyond standard debt trading procedures