SBI Mutual Fund acquires 5.2% stake in Tenneco Clean Air India

Tenneco Clean Air disclosed that SBI Mutual Fund has significantly increased its stake in the company through open market acquisitions. The mutual fund acquired 2,10,63,692 equity shares on August 12, 2026, marking a substantial addition to its existing holdings.

This acquisition represents 5.2189% of the company's total voting capital. Following the purchase, SBI Mutual Fund's total holding stands at 2,46,57,740 shares, which constitutes 6.1094% of the paid-up share capital of Tenneco Clean Air India Limited.

Acquisition Details

The shares were acquired through market purchases under various schemes managed by SBI Funds Management Limited. Prior to this transaction, the fund held 35,94,048 shares, accounting for 0.8905% of the total share capital.

Metric	Value
Shares Acquired	2,10,63,692
Stake Acquired	5.2189%
Total Holding Post-Acquisition	2,46,57,740 shares
Total Stake Post-Acquisition	6.1094%
Mode of Acquisition	Market Purchase

Regulatory Disclosure

Tenneco Clean Air filed the disclosure with the National Stock Exchange of India Limited and BSE Limited on August 14, 2026. The filing complies with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates reporting when an acquirer's holding crosses specific thresholds.

The company's equity share capital remains unchanged at ₹4,03,60,43,090, consisting of 40,36,04,309 equity shares with a face value of ₹10 each. No encumbrances, pledges, or convertible securities were involved in this transaction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.56%	-2.87%	-3.95%	-0.25%	+11.38%	+11.38%

Tenneco Mauritius Holdings Limited and Tenneco (Mauritius) Limited, collectively the promoters of Tenneco Clean Air , disposed of a 15% stake in the company through the open market. The sale was executed on August 12, 2026, reducing the promoters' aggregate holding from 66.84% to 51.84%.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kevin L. Freeman, Director for both selling entities, signed the disclosure from Chicago, Illinois. The company received the disclosures on August 13, 2026, and filed them with the exchanges on August 14, 2026.

Shareholding Changes

The promoters sold a total of 6,05,40,646 equity shares. Tenneco Mauritius Holdings Limited sold 5,05,72,736 shares, while Tenneco (Mauritius) Limited sold 99,67,910 shares. Neither entity holds any encumbered shares or voting rights other than through equity shares.

Metric	Before Sale	Shares Sold	After Sale
TMHL Holding	24,30,45,425 (60.22%)	5,05,72,736 (12.53%)	19,24,72,689 (47.69%)
TML Holding	2,67,34,261 (6.62%)	99,67,910 (2.47%)	1,67,66,351 (4.15%)
Aggregate	26,97,79,686 (66.84%)	6,05,40,646 (15.00%)	20,92,39,040 (51.84%)

The total equity share capital of Tenneco Clean Air remains unchanged at 40,36,04,309 shares with a face value of ₹10 each. This figure is based on the shareholding pattern for the quarter ended June 30, 2026. The diluted share capital also stands at 40,36,04,309 shares, indicating no outstanding convertible securities or warrants.

Regulatory Context

The sellers are classified as part of the Promoter/Promoter group. The shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The disclosure confirms that no warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.