Description

BSE announces listing of Commercial Paper worth Rs. 500 crores issued by Tata Power Company Limited on private placement basis, effective December 3, 2025.

Summary

BSE has listed new Commercial Paper issued by Tata Power Company Limited on private placement basis. The instrument consists of 10,000 units of Rs. 5,00,000 each (total Rs. 500 crores), listed on the BSE Debt segment with effect from December 3, 2025. The Commercial Paper carries credit ratings of CRISIL A1+ and IND A1+, with ICICI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Issuer: Tata Power Company Limited
  • Instrument Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 500 crores (10,000 units × Rs. 5,00,000)
  • Scrip Code: 730691
  • Scrip ID: TPCL031225
  • ISIN: INE245A14KP3
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,766.50 per unit
  • Market Lot: 1 unit
  • Credit Ratings: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

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 INE245A14KP3
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded with tick size of 1 paise
  • For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 3, 2025
  • Allotment Date: December 3, 2025
  • Listing Date: December 3, 2025 (effective immediately)
  • Redemption Date: March 2, 2026
  • Tenure: 90 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing by Tata Power Company Limited for working capital or short-term funding requirements.

Investor Impact: Low risk debt instrument backed by high credit ratings (A1+ from both CRISIL and India Ratings), suitable for institutional investors seeking short-term (3-month) investment opportunities.

Liquidity: Standard Rs. 5 lakh denomination ensures accessibility for qualified institutional buyers and high net-worth investors in the debt market segment.

Operational Impact: No impact on equity trading or broader market operations. Limited to debt segment participants and institutional investors.

Impact Justification

Routine commercial paper listing with 90-day tenure. Standard debt instrument issuance by established company with high credit ratings (CRISIL A1+, IND A1+). No market-wide implications.