Description

BSE announces the listing of 40,000 Commercial Papers of TATA STEEL LIMITED worth Rs. 5 lakh each, issued on private placement basis, with maturity date of 28th February 2026.

Summary

BSE has listed new Commercial Papers issued by TATA STEEL LIMITED on a private placement basis on the Debt segment effective December 2, 2025. The instrument comprises 40,000 units with a face value of Rs. 5,00,000 each, issued at a discounted price of Rs. 4,92,814, maturing on February 28, 2026. The securities carry credit ratings of ICRA A1+ and IND A1+, with HDFC Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Total quantity: 40,000 Commercial Papers
  • Face value per unit: Rs. 5,00,000
  • Issue price: Rs. 4,92,814 (discount of Rs. 7,186 per unit)
  • Scrip Code: 730682
  • Scrip ID: TSL011225
  • ISIN: INE081A14GJ3
  • Credit ratings: ICRA A1+ and IND A1+
  • Market lot: 1 unit
  • Tick size: 1 paise
  • Trading: Dematerialised form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE081A14GJ3
  • Trading must be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
  • Members should contact BSE debt department (phone: 22728352/8597/8995/5753/8915) for any clarifications

Important Dates

  • Allotment Date: December 1, 2025
  • Listing Date: December 2, 2025
  • Redemption Date: February 28, 2026

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The Commercial Papers provide short-term financing for Tata Steel Limited (approximately 88-day tenure) and are targeted at institutional investors in the debt market. The high credit ratings (A1+) indicate strong creditworthiness. There is no impact on equity markets or trading members’ operations beyond standard debt segment procedures.

Impact Justification

Routine commercial paper listing with no impact on equity markets or regulatory changes. Standard debt instrument listing notification.