3P India Equity Fund, which previously held a 1.08 percent stake in Tenneco Clean Air India Limited, is no longer listed among its publicly disclosed shareholders; this indicates either a complete sale or a reduction in its holding to below 1 percent.
A subsidiary of global automotive leader Tenneco Inc., this company designs and manufactures clean air and powertrain products for the Indian automotive sector. Established in 2018, it specializes in emission control systems and related components that serve passenger vehicles and commercial vehicles. The company leverages its parent's extensive global expertise and technological capabilities to deliver advanced automotive solutions tailored to India's evolving market requirements and regulatory standards.
Launched May 2023 by 3P Investment Managers, managing around Rs 16,269 cr by January 2026, making it one of the fastest-scaling India equity AIFs ever. Managed by Prashant Jain, who ran HDFC Mutual Fund as CIO for 18 years (2004 to 2022) and is among India's most-followed long-only managers. Mohnish Pabrai is an anchor investor.