Medplus Subsidiary Receives 7-Day Drug License Suspension in Andhra Pradesh
Med Plus Health Services Limited announced that its subsidiary, Optival Health Solutions Private Limited, has received a suspension order for a Drug License for a store located in Andhra Pradesh. The ...
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Why is Medplus Health Services Limited in the news today?
Medplus Health Services Limited (MEDPLUS) is in the news due to the announcement details a suspension of a drug license for a subsidiary's store, which is a negative development for the company's operations and potentially its revenue.
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Medplus Subsidiary Receives 7-Day Drug License Suspension in Andhra Pradesh
January 1, 2026, 09:05 AM
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Med Plus Health Services Limited announced that its subsidiary, Optival Health Solutions Private Limited, has received a suspension order for a Drug License for a store located in Andhra Pradesh. The suspension is for a period of seven days and affects the store situated at Gollapudi One Center.
The order was issued by the Assistant Director, District Sales Licensing Authority, Drugs Control Administration, Vijayawada, Andhra Pradesh. The suspension is effective upon receipt of the order, which was dated December 31, 2025. This action was taken under Rule 65 of the Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.
The company estimates a potential revenue loss of approximately ₹2.10 lakhs due to this suspension. This information is being shared as an update under Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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