Tenneco Clean Air India Limited
HDFC Mutual Fund bought 20,19,316 shares of Tenneco Clean Air India for ₹106.01 Cr at ₹525.00 apiece in a bulk deal.
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.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.