SBI Mutual Fund acquires 5.22 percent stake in Tenneco Clean Air India
TENNIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts more than Nifty Smallcap 250 and 1.2 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
SBI Mutual Fund acquired 2,10,63,692 equity shares (5.22%) of Tenneco Clean Air India through market purchase on 12-Aug-2026. This takes SBI MF total holding from 0.89% (35,94,048 shares) to 6.11% (2,46,57,740 shares). The disclosure is filed under Regulation 29(1) of SEBI Takeover Regulations as the 5% disclosure threshold was crossed. SBI MF is not part of the promoter group.
A major domestic institutional investor has significantly raised its stake, crossing the 5% disclosure threshold. Signals rising institutional confidence.