Description
BSE announces listing of Commercial Paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis, with maturity on February 20, 2026.
Summary
BSE has listed new Commercial Paper issued by Tata Power Co. Ltd on private placement basis, effective November 21, 2025. The instrument comprises 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, with a 91-day maturity period ending February 20, 2026. The commercial paper carries CRISIL A1+ and IND A1+ ratings and will trade in dematerialized form on the BSE Debt segment.
Key Points
- Total issue size: Rs. 500 crores (10,000 units × Rs. 5,00,000)
- Issue price: Rs. 4,92,522 per unit (face value Rs. 5,00,000)
- Scrip Code: 730624, Scrip ID: TPCL211125
- ISIN: INE245A14KN8
- Credit Rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE245A14KN8
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot is 1 unit
Important Dates
- Allotment Date: November 21, 2025
- Listing Date: November 21, 2025
- Redemption Date: February 20, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The instrument provides Tata Power with short-term working capital financing for approximately 91 days. The A1+ rating indicates high credit quality and low credit risk. Trading members have access to standard debt market infrastructure with tick size of 1 paise. For clarification, members can contact BSE debt department at specified phone numbers.
Impact Justification
Routine commercial paper listing for short-term debt instrument with no regulatory changes or compliance requirements for market participants