Description

NSE notifies the listing and commencement of trading of Tenneco Clean Air India Limited equity shares on the Capital Market segment effective November 19, 2025.

Summary

National Stock Exchange of India has approved the listing of equity shares of Tenneco Clean Air India Limited on the Capital Market segment effective November 19, 2025. The company’s shares will trade under the symbol TENNIND with ISIN INE19RI01016. A total of 403,604,309 equity shares of face value Rs. 10/- each, issued at Rs. 397/- per share, will be admitted to trading. The security will be part of the pre-open session for IPO category as per SEBI regulations.

Key Points

  • Company Name: Tenneco Clean Air India Limited
  • Trading Symbol: TENNIND
  • ISIN: INE19RI01016
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 397/- per share
  • Total Shares Listed: 403,604,309 equity shares
  • Market Lot: 1 share
  • Security Series: EQ (Equity)
  • Pari Passu: Yes
  • Distinctive Number Range: As per Annexure I
  • Pre-open Session: Applicable for IPO category as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012

Regulatory Changes

No regulatory changes introduced. This circular is a standard listing notification in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Members must identify the security by its designated code (TENNIND) for trading purposes
  • Trading must be conducted in the specified lot size of 1 share
  • The security will participate in pre-open session for IPO category scrips
  • Members must note the lock-in details as specified in Annexure I

Important Dates

  • Circular Date: November 18, 2025
  • Effective Date: November 19, 2025 (commencement of trading)
  • Financial Year: April 2025 - March 2026
  • Lock-in Periods: Various lock-in dates ranging from December 16, 2025 to May 17, 2027 for different tranches of shares

Lock-in Details

The 403.6 million shares have different lock-in periods:

  • 30,000 shares locked until May 17, 2026
  • 13,602,002 shares locked until December 16, 2025
  • 13,602,028 shares locked until February 14, 2026
  • 63,476,070 shares are free (no lock-in)
  • 23,944,197 shares locked until May 17, 2026
  • 3,261,964 shares locked until April 29, 2026
  • 80,770,862 shares locked until May 17, 2027
  • 15,401,706 shares locked until May 17, 2026
  • 189,515,480 shares locked until May 17, 2026

Note: 563,624,291 shares were cancelled pursuant to Reduction of Equity Share Capital.

Company Information

Registered Office: RNS2, Nissan Supplier Park, SIPCOT Industrial Park, Oragadam Industrial Corridor, Sriperumbudur Taluk, Kancheepuram - 602105, Tamil Nadu

Corporate Office: 10th Floor, Tower B, Paras Twin Towers, Sector-54, Golf Course Road, Gurugram – 122002, Haryana

Company Secretary: Ms. Roopali Singh

Contact: +91 124 4784 530

Website: www.tennecoindia.com

Email: TennecoIndiaInvestors@tenneco.com

Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited), C-101, 247 Park, 1st Floor, LBS Marg, Vikhroli (West), Mumbai – 400083, Maharashtra

Impact Assessment

Market Impact: Medium - The listing of Tenneco Clean Air India Limited adds a new automotive components manufacturer to the NSE platform. With an issue size of approximately Rs. 1,602 crores (403.6 million shares at Rs. 397), this is a moderately sized IPO that will provide investors access to the clean air technology and automotive exhaust systems sector.

Operational Impact: The listing enables public trading and price discovery for Tenneco Clean Air India Limited shares. Market participants should note the varying lock-in periods affecting share liquidity, with only 63.5 million shares (15.7% of total) being freely tradable immediately, while the majority remain locked until various dates through May 2027.

Investor Impact: Investors can begin trading TENNIND shares from November 19, 2025, in the standard market lot of 1 share. The pre-open session participation allows for better price discovery during the initial trading phase.

Impact Justification

Standard IPO listing notification for Tenneco Clean Air India Limited with 403.6 million shares being listed. Important for investors and market participants tracking new listings.