Description
BSE announces the listing of Commercial Paper worth Rs. 500 crores issued by Tata Power Co. Ltd on private placement basis, with redemption on March 11, 2026.
Summary
BSE has listed new Commercial Paper issued by Tata Power Co. Ltd on private placement basis. The instrument comprises 10,000 units of Rs. 5,00,000 each (total Rs. 500 crores), issued at a discount price of Rs. 4,92,570.50 per unit. The commercial paper carries CRISIL A1+ and IND A1+ ratings and will mature on March 11, 2026. Trading commenced on December 10, 2025, on the BSE Debt segment.
Key Points
- Total issue size: Rs. 500 crores (10,000 units × Rs. 5 lakhs)
- Issue price: Rs. 4,92,570.50 per unit (face value Rs. 5,00,000)
- Scrip Code: 730730, Scrip ID: TPC101225
- ISIN: INE245A14KQ1
- Credit Rating: CRISIL A1+, IND A1+
- Market lot: 1 unit
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE245A14KQ1
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be followed for all transactions
Important Dates
- Allotment Date: December 10, 2025
- Listing Date: December 10, 2025
- Redemption Date: March 11, 2026
Impact Assessment
This is a routine commercial paper listing on the debt segment with minimal market impact. The instrument provides short-term financing to Tata Power Co. Ltd for approximately 3 months. With high credit ratings (A1+), it represents a low-risk debt instrument for institutional investors. No impact on equity trading or broader market operations. Relevant only to debt market participants and institutional investors in commercial paper.
Impact Justification
Routine commercial paper listing with no impact on equity markets or trading operations. Relevant only to debt market participants.