Medplus Subsidiary Receives One-Day Drug License Suspension in Telangana
Medplus Health Services Limited's subsidiary, Optival Health Solutions Private Limited, received a one-day suspension for a drug license in Telangana. The order was issued by the Drugs Control Administration on June 02, 2026, citing a violation of the Drugs and Cosmetics Act. A potential revenue loss of ₹0.80 lacs is anticipated.
The impact is considered low as the suspension is for only one day and the potential revenue loss is limited to ₹0.80 lacs.
The company's subsidiary received a suspension order for its drug license, which is a negative development impacting operations and potentially revenue.
Medplus Health Services Limited announced that its subsidiary, Optival Health Solutions Private Limited, has received a one-day suspension order for the drug license of a store located in Janagon, Telangana.
The order was issued by the Assistant Director, Drugs Control Administration, Warangal, Telangana, and is related to a violation under Rule 65 of the Drugs and Cosmetics Act, 1940, and Drugs and Cosmetics Rules, 1945.
The suspension is for one day, and the order was received on June 02, 2026. The company anticipates a potential revenue loss of approximately ₹0.80 lacs due to this suspension. The details of this matter will be made available on the websites of Medplus India, BSE Limited, and the National Stock Exchange of India Ltd.
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