Medplus Health Services Limited — Important, 18-02-2025: General Updates

Optival Health Solutions Private Limited, a subsidiary of MedPlus Health Services Limited, has received a one-day suspension order of its drug license for a store located in Jyothi Nagar, Chikmagalur, Karnataka. This action was initiated by the Assistant Director of the Drugs Control Administration. The suspension order was received on February 17, 2025, with an estimated potential revenue loss of approximately ₹0.25 crore. This development could temporarily impact the operational capability of the affected store. Investors should monitor the situation closely for any further regulatory implications or operational adjustments.