Tenneco (Mauritius) Limited sold 99.68 lakh shares of Tenneco Clean Air India for ₹523.32 Cr at ₹525 apiece through an open-market transaction, reducing its stake from 6.62% to 4.15%.
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.