Tata Motors falls over 4.5% after MD Karl Slym's death

Slym was hired in 2012 to revives sales, market share of the company

Shares in Tata Motors fell over 4.5% on Monday after the automaker's managing director, Karl Slym, died on Sunday when he fell from a high floor of a hotel in Bangkok.

A native of Britain, Slym was hired in 2012 to revive flagging sales and market share in the domestic business of India's biggest automaker, which is part of the Tata conglomerate.