CA Rover Holdings has divested 4.25 per cent stake in SBI Cards and Payment Services 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.
SBI Cards and Payment Services is a payment solutions provider in India.