Description

BSE announces the listing of Commercial Paper issued by Tata Power Co. Ltd worth Rs. 500 crores on private placement basis, effective December 10, 2025.

Summary

BSE has listed and admitted to trading new Commercial Paper securities issued by Tata Power Co. Ltd on a private placement basis. The instrument comprises 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crores, with an issue price of Rs. 4,92,570.50 per unit. The securities will trade in dematerialized form on the BSE Debt segment effective December 10, 2025.

Key Points

  • Total quantity: 10,000 units of Commercial Paper
  • Face value: Rs. 5,00,000 per unit
  • 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
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE245A14KQ1
  • Trading must be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
  • Tick size compliance of 1 paise must be maintained

Important Dates

  • Listing Date: December 10, 2025
  • Allotment Date: December 10, 2025
  • Redemption Date: March 11, 2026

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The commercial paper issuance by Tata Power Co. Ltd provides short-term funding to the company and offers debt market participants an additional investment option rated CRISIL A1+ and IND A1+. The 91-day maturity instrument (December 10, 2025 to March 11, 2026) expands the BSE Debt segment offerings but does not affect equity market operations or require any action from general market participants beyond debt traders.

Impact Justification

Routine commercial paper listing by an established company with no regulatory changes or compliance requirements for broader market participants.