Tenneco Clean Air India Limited
SBI Mutual Fund increased its stake in Tenneco Clean Air India from 1.09% to 6.21%, acquiring 2,06,72,027 shares. This transaction crossed the 5% regulatory disclosure threshold.
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.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.