Description
Tata Power Co. Ltd has listed new Commercial Paper worth Rs. 500 crore on BSE Debt segment with 91-day tenor, rated CRISIL A1+ and IND A1+.
Summary
BSE has listed new Commercial Paper issued by Tata Power Co. Ltd on private placement basis effective November 21, 2025. The instruments comprise 10,000 units of Rs. 5 lakh face value each, totaling Rs. 500 crore, with a 91-day tenor maturing on February 20, 2026. The paper carries dual ratings of CRISIL A1+ and IND A1+, with ICICI Bank Limited acting as Issuing and Paying Agent.
Key Points
- Total issue size: Rs. 500 crore (10,000 units × Rs. 5,00,000)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,522 per unit (discount of Rs. 7,478)
- Scrip Code: 730624
- Scrip ID: TPCL211125
- ISIN: INE245A14KN8
- Credit ratings: CRISIL A1+ and IND A1+
- Market lot: 1 unit
- Tick size: 1 paise
- Trading mode: Dematerialized only
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE245A14KN8
- Trading allowed only in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded with tick size of 1 paise
Important Dates
- Allotment date: November 21, 2025
- Listing date: November 21, 2025
- Redemption date: February 20, 2026
- Tenor: 91 days
Impact Assessment
Minimal market impact. This is a routine short-term debt issuance by Tata Power Co. Ltd to meet working capital requirements. The high credit ratings (A1+) indicate strong creditworthiness. The listing provides institutional investors additional short-term investment options in the debt market. No impact on equity markets or trading operations for most market participants.
Impact Justification
Routine commercial paper listing by established corporate issuer with no material market impact or regulatory changes