Media company Bennett, Coleman & Co Ltd has trimmed its stake in V2 Retail Ltd by selling over 11 lakh shares, representing 3.23 percent stake, through open market transactions.

As per the regulatory filing, Bennett, Coleman & Co Ltd, which had 5.97 percent stake earlier, sold 11,00,562 shares in the open market in several tranches.

After the transactions, Bennett, Coleman & Co Ltd's holding in V2 Retail Ltd has come down to 2.74 percent. V2 Retail Ltd had reported consolidated loss of Rs 17.5 crore and revenue from operations of Rs 122 crore for half year ended September 30, 2020.

(Edited by : Jomy)