Tenneco Clean Air India Limited (TENNIND) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approved KPMG as internal auditor, RPA as secretarial auditor, and Noah Jesse Falk as additional director, while accepting Utsav Baijal's resignation.

🔄 What Changed
Appointment of KPMG as internal auditor for FY 2026-27; appointment of RPA as secretarial auditor for 2026-29; appointment of Noah Jesse Falk as additional director; resignation of Utsav Baijal as director and Risk Management Committee member.

🔮 What's Next
Shareholder approval required for Noah Jesse Falk's directorship within three months; RPA's secretarial auditor term subject to shareholder ratification at the upcoming AGM.

💡 Investor Takeaway
The changes introduce a new external auditor and director while removing a long-serving member, potentially signaling governance updates but no immediate financial impact.

The Board of Tenneco Clean Air India approved the appointment of KPMG as internal auditor for FY 2026-27, RPA & Partners as secretarial auditor for 2026-29 pending shareholder approval, and Mr. Noah Jesse Falk as an additional non-executive director effective May 30, 2026, subject to shareholder ratification within three months. Concurrently, Mr. Utsav Baijal resigned as a non-executive director and Risk Management Committee member effective May 30, 2026, citing personal preoccupations. The board reconstituted its Nomination and Remuneration and Risk Management Committees effective May 28, 2026, incorporating the new director and removing the resigned member.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approves KPMG as internal auditor, RPA as secretarial auditor, appoints new director, accepts resignation of Utsav Baijal, and reconstitutes committees.

🔄 What Changed
Appointment of KPMG as internal auditor for FY 2026-27; appointment of RPA as secretarial auditor for 2026-29 pending shareholder approval; appointment of Noah Jesse Falk as additional director; resignation of Utsav Baijal; reconstitution of Nomination and Remuneration and Risk Management Committees.

🔮 What's Next
None

💡 Investor Takeaway
The changes strengthen governance oversight and board composition but involve a director resignation with no material reason, potentially signaling internal restructuring without immediate financial impact.

On May 28, 2026, the Board of Tenneco Clean Air India Limited approved the appointment of KPMG Assurance and Consulting Services LLP as internal auditors for FY 2026-27, RPA & Partners as secretarial auditors for 2026-29 pending shareholder approval, and Mr. Noah Jesse Falk as an additional non-executive director effective May 30, 2026. Concurrently, Mr. Utsav Baijal resigned as a non-executive director and member of the Risk Management Committee effective May 30, 2026, due to other professional commitments. The Board reconstituted the Nomination and Remuneration and Risk Management Committees effective May 28, 2026, with new membership details provided in Annexure-F. All appointments and resignations are subject to regulatory disclosures and shareholder ratification where required.

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