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May 04, 2013, 02.33 PM IST | Source: CNBC-TV18

Six months jail term for Tata Motors MD Karl Slym

The Chandigarh consumer redressal commission has ordered a 6-month jail term for Tata Motors managing director Karl Slym.

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The Chandigarh consumer redressal commission has ordered a 6-month jail term for Tata Motors managing director Karl Slym. 

The commission has also slapped a penalty against him. The action by the consumer commission reportedly is on the back of Tata Motor’s failure to comply with a notice to replace faulty parts of a newly-sold Tata Nano.

A company spokesperson, in response to CNBC-TV18’s queries said that they will study the order and take appropriate action. On their part, they claim that despite repeated attempts to pay the consumer compensation  and despite repairing the car, they did not receive any co-operation from him. 

Tata Motors stock price

On August 22, 2014, Tata Motors closed at Rs 521.60, up Rs 8.70, or 1.70 percent. The 52-week high of the share was Rs 524.45 and the 52-week low was Rs 286.35.


The company's trailing 12-month (TTM) EPS was at Rs 0.08 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 6520. The latest book value of the company is Rs 59.58 per share. At current value, the price-to-book value of the company is 8.75.

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