Medplus Health Services Limited — Important, 11-01-2025: General Updates

Optival Health Solutions Private Limited, a key subsidiary of MedPlus Health Services, faces temporary suspensions of its Drug Licenses for two stores located in Hyderabad. The suspension lasts three days for the store at Main Road, Thorrur Village, and one day for the Kukatpally Bhagyanagar location. This action was taken under the Drugs and Cosmetics Act and is expected to result in a potential revenue loss of approximately ₹0.45 crore (Cr) and ₹2.04 crore (Cr) respectively. The situation highlights operational risks that could adversely affect MedPlus’s performance, necessitating close monitoring of subsequent developments.