Tata Technologies, Tenneco sign $100M strategic partnership for mobility

Tata Technologies and Tenneco LLC have expanded their global partnership through a strategic engagement worth over $100 million over the next five years. The agreement aims to leverage India's deep talent base to accelerate innovation and support Tenneco's mobility transformation journey. This significant investment underscores the growing strategic importance of the relationship between the two companies.

The signing ceremony took place on June 30, 2026, and was formally commemorated at Bombay House, Mumbai, the headquarters of the Tata Group. The agreement was signed by Jon Bagrosky, Chief Administrative Officer of Tenneco, and Warren Harris, CEO & Managing Director of Tata Technologies.

Deal Highlights

The key parameters of the strategic engagement are outlined below:

Parameter:	Details
Deal Value:	Over $100 million
Duration:	Five years
Signing Date:	June 30, 2026
Signing Venue:	Bombay House, Mumbai
Key Capabilities:	Digital technologies, AI-enabled capabilities, technical expertise
Engineering Hub:	Global Engineering Center, Pune

Strategic Commitment and Investment

The engagement reflects a long-term strategic commitment, with Tenneco expected to invest over $100 million. This investment is intended to strengthen capabilities, scale, and agility needed to support customers and respond to evolving market needs. The collaboration will draw upon technical expertise, digital technologies, and AI-enabled capabilities.

Leadership Perspectives

Jon Bagrosky, Chief Administrative Officer for Tenneco, stated that the next phase builds on the strong foundation established with Tata Technologies. He highlighted the continued importance of India as a strategic growth region for Tenneco, emphasizing that the expansion will deliver long-term value across their global business.

Warren Harris, CEO & Managing Director of Tata Technologies, noted that Tenneco has been a valued strategic partner. He expressed pride in bringing together deep domain expertise, digital capabilities, and business transformation experience to support Tenneco's global growth agenda.

Partnership Background

Established in 2021, the collaboration has grown to support Tenneco's broader engineering and business transformation priorities. The partnership is anchored by Tata Technologies' Global Engineering Center in Pune. It focuses on accelerating product development, improving performance, and delivering sustained value across Tenneco's global operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.44%	-5.03%	-4.47%	+11.61%	+0.30%	-45.28%

Tata Technologies Limited held its 32nd Annual General Meeting on June 26, 2026, through video conferencing, approving the audited financial statements for the year ended March 31, 2026, and declaring a final dividend. All seven resolutions on the agenda were passed with the requisite majority, covering the adoption of standalone and consolidated financial statements, the appointment of a director, and several material related party transactions. The meeting saw participation from 120 shareholders via video conferencing, with a total of 12,71,367 shareholders registered on the cut-off date.

The Chairman, Mr. Ajoyendra Mukherjee, chaired the meeting, which commenced at 3:00 p.m. IST. Mr. Warren Kevin Harris, CEO and Managing Director, presented the company's performance for the financial year 2025-26. The Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications, adverse remarks, or disclaimers. Mr. Jayavant B. Bhavé of M/s J B Bhavé & Co. served as the Scrutinizer for the e-voting process.

Voting Results

The remote e-voting facility was available prior to the meeting, and the results were declared post-conclusion. The resolutions passed covered financial results, dividend declaration, director appointment, and specific related party transactions. Promoters did not vote on resolutions related to related party transactions where they were interested.

Item No.	Details of the Resolutions	Type	Votes in Favour	Votes Against
1	Adopt Audited Standalone Financial Statements for FY26	Ordinary	264,958,386	2,854
2	Adopt Audited Consolidated Financial Statements for FY26	Ordinary	264,958,201	2,843
3	Declare Final Dividend for FY26	Ordinary	264,958,936	2,318
4	Re-appoint Director Mr. Shailesh Chandra	Ordinary	260,202,903	4,758,021
5	Related Party Transaction with Tata Motors Passenger Vehicles Ltd	Ordinary	40,931,034	3,430
6	Related Party Transaction with Tata Motors Ltd	Ordinary	40,932,754	3,535
7	Related Party Transaction between TTEL and Jaguar Land Rover Ltd	Ordinary	40,932,819	3,558

Related Party Transactions

Resolutions 5, 6, and 7 concerned material related party transactions. These involved transactions between the company and Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited), Tata Motors Limited (formerly TML Commercial Vehicles Limited), and between Tata Technologies Europe Limited (TTEL) and Jaguar Land Rover Limited. As these resolutions were of interest to the promoter group, they abstained from voting on these items. The public shareholders overwhelmingly approved these transactions.

The summary of proceedings has been filed under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report confirmed that all resolutions secured the required majority and were passed as ordinary resolutions.