Description

BSE announces listing of 22,000 Commercial Papers issued by TATA Steel Limited on private placement basis, with face value of Rs. 5 lakhs each, effective December 12, 2025.

Summary

BSE has listed and admitted to trading new Commercial Papers issued by TATA Steel Limited on private placement basis on the BSE Debt segment effective December 12, 2025. The issue comprises 22,000 Commercial Papers with a face value of Rs. 5,00,000 each, carrying credit ratings of ICRA A1+ and IND A1+. The instruments will mature on March 6, 2026.

Key Points

  • Issuer: TATA Steel Limited
  • Security Type: Commercial Paper (private placement)
  • Quantity: 22,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,929 per unit
  • Scrip Code: 730723
  • Scrip ID: TSL081225
  • ISIN: INE081A14GK1 (further listing under same ISIN)
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: HDFC Bank

Regulatory Changes

No regulatory changes introduced. This is a standard debt instrument listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE081A14GK1
  • Trading must take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Standard tick size of 1 paise applies for price movements

Important Dates

  • Allotment Date: December 11, 2025
  • Listing Date: December 12, 2025
  • Redemption Date: March 6, 2026
  • Tenure: Approximately 84 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with no direct impact on equity markets or trading operations.

Operational Impact: Low. Trading members can access these instruments through the BSE Debt segment following standard debt trading protocols. The securities are restricted to institutional and high-net-worth investors given the Rs. 5 lakh minimum denomination.

Investor Impact: Limited to debt market participants. The strong credit ratings (A1+) indicate high credit quality and low default risk for the short-term instrument.

Impact Justification

Routine commercial paper listing with no impact on equity markets or broader regulatory changes