Medplus Health Services Limited — Important, 25-04-2025: General Updates

The Hon’ble High Court of Madras has set aside a previous acquittal order against MedPlus Pharmacy, a material subsidiary, and its former directors. This ruling will necessitate a fresh consideration of the case by the trial court regarding alleged violations of the Drugs and Cosmetics Act, 1940. The Company has stated that this development will not materially impact its financial operations or other activities. MedPlus Health Services is currently assessing the order and considering appropriate legal responses. Investors should monitor this situation closely, as legal outcomes could potentially have implications for the company's reputation and operational standing.