SBI Mutual Fund Boosts Tenneco Clean Air India Stake to 6.11%

SBI Mutual Fund has significantly increased its holding in Tenneco Clean Air India Limited, acquiring an additional 5.2189% of the company’s voting capital through open market purchases.

This transaction, executed on August 12, 2026, boosts the fund’s total stake to 6.1094% of Tenneco Clean Air India’s paid-up share capital.

Key Acquisition Details

• Acquisition Date: August 12, 2026
• Shares Acquired: 2,10,63,692 equity shares
• Voting Capital Acquired: 5.2189%
• New Total Holding: 2,46,57,740 shares
• New Total Percentage: 6.1094% of paid-up share capital
• Previous Holding: 0.8905% (35,94,048 shares)

The acquisition involved 2,10,63,692 equity shares, which were purchased under various schemes managed by SBI Funds Management Limited.

Before this recent transaction, SBI Mutual Fund’s total holding stood at 35,94,048 shares, accounting for 0.8905% of Tenneco Clean Air India’s total share capital.

Regulatory Compliance

Tenneco Clean Air India Limited formally disclosed the transaction to both the National Stock Exchange of India Limited and BSE Limited on August 14, 2026.

This disclosure fulfills the requirements of Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates reporting when an acquirer’s stake crosses specified thresholds.

The company’s underlying equity share capital remains stable at ₹4,03,60,43,090.

This capital is represented by 40,36,04,309 equity shares, each carrying a face value of ₹10, with the transaction confirming no encumbrances, pledges, or convertible securities were involved.