The Media company Bennett, Coleman & Co had about 5.97% stake in V2 Retail Ltd which they have now cut down to 2.74%. The company had put forth their 3.23% stake for sale and have sold 11,00,562 shares in the open market little by little. The V2 Retail Ltd had announced gains of Rs. 122 crore and a loss of Rs.17.5 crore for the half year which came to an end on the 30th of September.