Tenneco Mauritius Holdings and Tenneco (Mauritius) have sold 6.05 crore shares, or 15% of their stake, in Tenneco Clean Air India Ltd. This open market sale reduces their holding to 51.84%, impacting promoter control and increasing free-float shares.
Tenneco Clean Air India Ltd: Promoter Stake Reduction
6.05 crore shares sold; Promoter holding drops to 51.84%
Reader Takeaway: Promoter group divestment reduces control; increases free float. Monitor future selling and strategy shifts.