DHAKA: Tata Motors stock fell by more than 6% on Monday as Thai police said they were investigating the possible suicide of the firm’s managing director Karl Slym.

On Sunday Slym fell to his death from the 22nd floor of a hotel in Bangkok, where he was attending a board meeting of the company’s Thai unit.

Police say they are examining a note apparently left by Slym.

Aged 51, the British-born executive ran all India-based Tata Motors operations except Jaguar Land Rover in the UK.

Slym, who was from Derby, England, had worked for Toyota in the UK, and then General Motors in India and China.

He had been managing director of Tata Motors, part of the giant Tata Group, since October 2012.

Following news of Slym’s death, Tata Motors stock closed down 6% at 347.8 rupees.

Police in the Thai capital say they are working on the assumption that Slym committed suicide.

Police official Somyot Boonyakaew said investigators ‘didn’t find any sign of a struggle’ in the room Slym was sharing with his wife in the Shangri-La Hotel.

‘We found a window open. The window was very small so it was not possible that he would have slipped,’ he told media, reports the BBC.

BDST: 1820 HRS, JAN 27, 2014