TENNINDNSETenneco Clean Air India LimitedMediumNeutral
Announced Sun, 31 May · 01:12 IST

Tenneco Clean Air India Limited has informed the Exchange about change in Management

Director Flagged GovernanceManagement Changes View source PDF

TENNIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹587.00
prior close
₹597.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.6-1.8-2.3-1.4-2.7-1.3+0.7-2.2-1.5-0.5+2.8
Up moveDown movePending
AI summary

Tenneco Clean Air India Limited's Board meeting on May 28, 2026 approved several changes: (1) Appointed KPMG Assurance and Consulting Services LLP as Internal Auditors for FY 2026-27, replacing the previous firm; (2) Appointed RPA & Partners as Secretarial Auditors for 3 years starting FY 2026-27; (3) Appointed Mr. Noah Jesse Falk as Additional Non-Executive Director (effective May 30, 2026), currently associated with Apollo Management and serving on Tenneco LLC's Board; (4) Accepted resignation of Mr. Utsav Baijal as Non-Executive Director citing preoccupations and professional commitments, effective close of business on May 30, 2026; (5) Reconstituted Nomination and Remuneration Committee and Risk Management Committee with new composition including Mr. Falk. The company clarified no material reasons exist for the resignation beyond stated personal commitments.

Likely market impact

The resignation of one director and appointment of another represents routine board turnover. The new director's affiliation with Apollo Management (parent entity) suggests continuity of parent oversight. No immediate shareholder impact is expected as all changes follow proper SEBI procedures.