Medplus Subsidiary Receives Three Drug License Suspensions for Stores in Karnataka, Telangana, and Andhra Pradesh
Medplus Health Services Limited's subsidiary, Optival Health Solutions, received three drug license suspension orders. The suspensions are for two days in Karnataka (₹1.07 lacs revenue loss), three days in Telangana (₹1.60 lacs revenue loss), and seven days in Andhra Pradesh (₹2.12 lacs revenue loss). Orders were received on March 13, 2026.
While the individual revenue losses are relatively small (lacs), the cumulative effect of three suspensions across different regions could impact the company's operations and reputation. The duration of suspensions ranges from two to seven days.
The company's subsidiary has received multiple drug license suspension orders, which will lead to potential revenue losses and operational disruptions.
Medplus Health Services Limited has announced that its subsidiary, Optival Health Solutions Private Limited, has received three suspension orders for the Drug License of stores located in Karnataka, Telangana, and Andhra Pradesh. These suspensions are in accordance with Rule 65 of the Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.
The first suspension order was received on March 13, 2026, from the Assistant Director, Drugs Control Administration, Bangalore South Circle, Ramanagar, Karnataka. This order suspends the drug license for two days for a store situated at Kempegowda Circle, Ramanagar, Karnataka, with a potential revenue loss of ₹1.07 lacs.
Secondly, the Assistant Director, Drugs Control Administration, Rangareddy, Telangana, issued a suspension order for three days for a store located at Dilsukhnagar Alkapuri, Telangana. The potential revenue loss associated with this suspension is ₹1.60 lacs.
Lastly, the Assistant Director, Drugs Control Administration, NTR & Krishna Districts, Vijayawada, Andhra Pradesh, has suspended the drug license for seven days for a store situated at Penuganchiprolu Main Road, Andhra Pradesh. The potential revenue loss for this suspension is estimated at ₹2.12 lacs.
These details are available on the company's website and the websites of BSE Limited and the National Stock Exchange of India Ltd.
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