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Ca Rover Holdings sells SBI Cards shares worth about Rs 4,810 crore
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Ca Rover Holdings sells SBI Cards and Payment Services shares worth over Rs 1,061 crore
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CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open market transaction. According to the bulk deal data available on the BSE, four crore shares of SBI Cards were offloaded by CA Rover Holdings at an average price of Rs 985.98 apiece. This translates to a deal value of Rs 3,943.92 crore. CA Rover Holdings is a subsidiary of Carlyle Group. On Wednesday, shares of SBI Cards settled 4.44 per cent lower at Rs 976.75 apiece on the BSE. As per the company s shareholding pattern, CA Rover Holdings held 15.86 per cent stake in SBI Cards as a public shareholder at the end of December 2020.