ALPHA TRIBE

Medplus Health Services LimitedImportant, 12-02-2025: General Updates

12-02-2025 | 07:16 pm

Optival Health Solutions Private Limited, a material subsidiary of MedPlus Health Services, has received a suspension order for the Drug License of its store located in Untoor, Telangana. The suspension, effective for two days, was issued by the Drugs Control Administration in Nizamabad. The order, received recently, cites violations of the Drugs and Cosmetics Act, 1940. This situation may lead to a potential revenue loss estimated at approximately ₹0.77 lakh. It is advisable for investors to monitor the implications of this development on the company's operations and overall revenue prospects.

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