Medplus Health Services Limited — Important, 04-02-2025: General Updates

Optival Health Solutions, a material subsidiary of MedPlus Health Services, has received two suspension orders for drug licenses at its Bangalore stores. One store in Jagalur will be suspended for two days, while another in Kunjibettu, Udupi, will face a three-day suspension. The orders stem from violations under the Drugs and Cosmetics Act. This development could lead to a potential revenue loss of approximately Rs 0.89 crore and Rs 1.27 crore for the respective stores. Investors should monitor this situation closely as these sanctions could affect operational performance in the region.