Description

BSE announces listing of Commercial Paper issued by Tata Power Co. Ltd worth Rs. 500 crores on private placement basis, effective November 27, 2025.

Summary

BSE has listed new Commercial Paper issued by Tata Power Co. Ltd on private placement basis, effective November 27, 2025. The issue consists of 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, with a maturity date of February 26, 2026. The securities are rated CRISIL A1+ and IND A1+, and will trade exclusively in dematerialized form on the BSE Debt segment.

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)
  • Scrip Code: 730667
  • Scrip ID: TPCL271125
  • ISIN: INE245A14KO6
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,534 per unit
  • Market Lot: 1 unit
  • Credit Rating: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading Mode: Dematerialized only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KO6
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 27, 2025
  • Listing Date: November 27, 2025
  • Redemption Date: February 26, 2026
  • Tenure: 91 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The listing provides institutional investors with additional high-rated (A1+) short-term investment options from Tata Power.

Operational Impact: Limited to trading members dealing in debt securities. The 91-day tenure and private placement nature indicate this is targeted at institutional investors for treasury management purposes. The discount to face value (issue price Rs. 4,92,534 vs face value Rs. 5,00,000) implies an annualized yield for investors.

Impact Justification

Routine commercial paper listing with no regulatory changes or market-wide impact; affects only debt segment trading members dealing with Tata Power instruments