Kitchen appliances major TTK Prestige Ltd, part of the Rs 30 billion TTK group, announced that it would pay an ex-gratia to the next of kin of the deceased due to Covid-19, a sum equivalent to 100 per cent of the monthly take-home salary for a period of a year.

“In the second year, the amount will be equivalent to 50 per cent of the monthly take-home salary. Medical insurance coverage will be extended to the existing nominated family members for a period of two years from the date of death,” the company said.