Description

BSE announces listing of new Commercial Paper worth Rs. 500 crores issued by Tata Steel Limited on private placement basis, effective October 14, 2025.

Summary

BSE has listed new Commercial Paper issued by TATA STEEL LIMITED on private placement basis. The instrument comprises 10,000 units of Rs. 5,00,000/- each (total Rs. 500 crores), with a tenure of 46 days from October 13, 2025 to November 28, 2025. The securities carry ICRA A1+ and IND A1+ credit ratings and will trade only in dematerialized form on the BSE Debt segment.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000/- per unit
  • Total Quantity: 10,000 units (Rs. 500 crores)
  • Issue Price: Rs. 4,96,260/- per unit
  • Scrip Code: 730126
  • Scrip ID: TSL010925
  • ISIN: INE081A14GC8 (Further listing under same ISIN)
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note that these securities will trade only in dematerialized form
  • Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Securities to be traded under ISIN Number INE081A14GC8

Important Dates

  • Allotment Date: October 13, 2025
  • Listing Date: October 14, 2025
  • Redemption Date: November 28, 2025
  • Tenure: 46 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with no impact on equity markets or broader market operations.

Operational Impact: Standard operational procedures for debt segment trading apply. Trading members can contact debt department (contacts: 22728352/8597/8995/5753/8915) for clarifications.

Investor Impact: Relevant only for debt market participants and institutional investors dealing in commercial paper. The high credit rating (A1+) indicates strong creditworthiness of the issuer.

Impact Justification

Routine debt instrument listing with no material impact on equity trading or market operations. Standard commercial paper issuance for working capital purposes.