This disclosure confirms the allotment of Non-Convertible Debentures (NCDs) by The Tata Power Company Limited following a previous intimation dated July 5, 2026.
The coupon rate for the NCDs was discovered at 7.50% through the multiple yield allotment method on the Electronic Book Building Platform of BSE Limited on July 13, 2026.
The Committee of Directors approved the allotment on July 14, 2026, of 1,50,000 Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-Cumulative, Non-Convertible Debentures. Each NCD has a face value of ₹1,00,000, resulting in a total issue size of ₹1,500 crore. The NCDs have a tenor of 5 years and were allotted for cash to identified investors on a private placement basis.
The allotment was made according to the terms and conditions specified in the Placement Memorandum and other transaction documents. The issue price was determined using the multiple yield allotment method prescribed by BSE and SEBI. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
This disclosure is made in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The letter is signed by Vispi S. Patel, Company Secretary (FCS 7021), and digitally timestamped July 14, 2026, at 20:14:00 +05:30.