Tenneco Clean Air India files for IPO with Sebi, seeks to raise ₹3000 cr

Tenneco Clean Air India Ltd, part of the US-based Tenneco Group, has filed preliminary papers with India’s capital markets regulator, Sebi, for a ₹3,000 crore initial public offering (IPO). The IPO is entirely an Offer for Sale by the promoter, Tenneco Mauritius Holdings Ltd, aiming to achieve the benefits of listing without issuing new equity.