Description

BSE announces listing of new Commercial Paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis, effective October 10, 2025.

Summary

BSE has listed new Commercial Paper issued by Tata Power Co. Ltd on private placement basis effective October 10, 2025. The issue consists of 10,000 units with a face value of Rs. 5,00,000 each, totaling Rs. 500 crores. The securities are rated CRISIL A1+ and IND A1+ with a redemption date of December 24, 2025.

Key Points

  • Issuer: Tata Power Co. Ltd
  • Security Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 500 crores (10,000 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,94,011 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730374
  • Scrip ID: TPCL101025
  • Detail Name: TPCL-24-12-25-CP
  • ISIN: INE245A14KI8
  • Credit Rating: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing announcement.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KI8
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment

Important Dates

  • Listing Date: October 10, 2025
  • Date of Allotment: October 10, 2025
  • Date of Redemption: December 24, 2025
  • Tenure: 75 days (approximately 2.5 months)

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing that provides Tata Power with working capital financing. The commercial paper market remains active with regular issuances.

Investor Impact: Low. Relevant only for debt segment investors and institutional participants dealing in money market instruments. The high credit rating (A1+) indicates strong creditworthiness.

Operational Impact: None for equity market participants. Debt segment trading members can contact BSE debt department at specified phone numbers for clarifications.

Impact Justification

Routine commercial paper listing announcement affecting only debt segment investors; no regulatory changes or compliance actions required from market participants.