Description

NSE notifies the listing of two series of privately placed non-convertible debentures issued by Tata Projects Limited, effective February 11, 2026.

Summary

National Stock Exchange notifies the listing of two series of privately placed non-convertible debentures issued by Tata Projects Limited on the capital market segment, effective February 11, 2026. The securities include TPL 7.90% 2029 Series Y and TPL 7.85% 2028 Series X.

Key Points

  • Two debenture series of Tata Projects Limited admitted to trading on NSE capital market segment
  • Series Y: 7.90% coupon rate, maturing February 2, 2029 (Symbol: 790TPL29, ISIN: INE725H08279)
  • Series X: 7.85% coupon rate, maturing September 25, 2028 (Symbol: 785TPL28, ISIN: INE725H08261)
  • Both securities will trade in market lot size of 1 unit
  • Trading series designation: N0 for both securities
  • Securities identified by designated codes for trading system purposes

Regulatory Changes

No regulatory changes. This is a routine listing notification pursuant to existing NSE Capital Market Trading Regulations Part A (Regulation 3.1.1 and 2.5.5).

Compliance Requirements

  • Market participants must use the designated security codes (790TPL29 and 785TPL28) for trading purposes
  • Trading must be conducted in the specified lot size of 1 unit for both securities
  • Members must comply with NSE Capital Market Trading Regulations Part A

Important Dates

  • Circular Issue Date: February 10, 2026
  • Listing Effective Date: February 11, 2026
  • Series X Maturity Date: September 25, 2028
  • Series Y Maturity Date: February 2, 2029

Impact Assessment

Limited market impact as this is a routine listing of privately placed debt securities. The notification provides liquidity opportunities for existing bondholders and establishes formal trading parameters. Impact is primarily relevant to institutional investors holding these debentures and the issuer, Tata Projects Limited. Both securities offer competitive coupon rates (7.85% and 7.90%) for their respective tenors.

Impact Justification

Routine listing notification for privately placed debt securities with limited market-wide impact, relevant primarily to bondholders and the issuer