Announced Fri, 14 Aug · 12:53 IST
Promoters Tenneco Mauritius sell 15 percent stake in Tenneco Clean Air India
TENNIND · price
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Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹535.00
prior close
₹536.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-0.1-0.0+3.2+3.2+4.3+6.9+7.4—————
Up moveDown movePending
AI summary
Promoters Tenneco Mauritius Holdings and Tenneco Mauritius sold 6.05 crore shares (15 percent of total equity) of Tenneco Clean Air India in the open market on August 12, 2026. Post-sale, their combined holding fell from 66.84 percent to 51.84 percent, though they remain promoters with majority control.
Likely market impact
Large 15 percent open market sale by promoters is a major overhang; stock may face pressure despite retained majority at 51.84 percent.