Description

BSE announces listing of Commercial Paper issued by Tata Power Co. Ltd worth Rs. 500 crores with maturity on January 16, 2026.

Summary

BSE has listed Commercial Paper issued by Tata Power Co. Ltd on private placement basis effective October 17, 2025. The issue comprises 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, with a maturity period of 91 days.

Key Points

  • Securities: Commercial Paper on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Total Quantity: 10,000 units (Rs. 500 crores)
  • Issue Price: Rs. 4,92,534 per unit
  • Scrip Code: 730406
  • Scrip ID: TPCL171025
  • Detail Name: TPCL-16-01-26-CP
  • ISIN: INE245A14KJ6
  • Credit Rating: CRISIL A1+, IND A1+
  • Market Lot: 1 unit
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KJ6
  • Trading denomination: Standard denomination of Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • Securities will be traded on BSE Debt segment

Important Dates

  • Date of Allotment: October 17, 2025
  • Listing Date: October 17, 2025
  • Redemption Date: January 16, 2026
  • Maturity Period: 91 days

Impact Assessment

This is a routine short-term debt instrument listing with minimal market impact. The commercial paper provides Tata Power with short-term funding at competitive rates (approximately 5.6% annualized based on discount to face value). Impact is limited to debt market participants and the issuing company. The high credit rating (A1+) indicates strong creditworthiness and low default risk.

Impact Justification

Routine commercial paper listing for short-term funding, relevant primarily to debt investors and issuing company