Description
BSE announces listing and admission to trading of new Commercial Paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis, effective December 10, 2025.
Summary
BSE has listed and admitted new Commercial Paper (CP) issued by Tata Power Co. Ltd to trading on the BSE Debt segment with effect from December 10, 2025. The issue consists of 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, issued on private placement basis with a tenure of 91 days maturing on March 11, 2026.
Key Points
- Issuer: Tata Power Co. Ltd
- Instrument: Commercial Paper (Private Placement)
- Face Value: Rs. 5,00,000 per unit
- Issue Size: 10,000 units (Rs. 500 crores total)
- Issue Price: Rs. 4,92,570.50 per unit
- Scrip Code: 730730
- Scrip ID: TPC101225
- ISIN: INE245A14KQ1
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes. This is a routine listing announcement for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE245A14KQ1
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment following standard debt trading protocols
Important Dates
- Allotment Date: December 10, 2025
- Listing Date: December 10, 2025
- Redemption Date: March 11, 2026
- Tenure: 91 days
Impact Assessment
This is a standard commercial paper listing with minimal market impact. The issuance represents short-term borrowing by Tata Power for working capital or operational purposes. The high credit ratings (CRISIL A1+, IND A1+) indicate strong creditworthiness. Impact is limited to debt market participants and institutional investors dealing in commercial paper. No impact on equity markets or retail investors.
Impact Justification
Routine listing of commercial paper for debt market participants. Limited impact on broader market or equity investors.