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Medplus Subsidiary's Karnataka Store Drug License Suspended for 2 Days
Medplus Health Services Limited
January 11, 2026, 12:02 PM
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Medplus Health Services Limited announced that its subsidiary, Optival Health Solutions Private Limited, has received a suspension order for the drug license of a store located in Karnataka. The suspension is for a period of two days for a store situated at S Rammurthy Road, Virajpet, Karnataka.
The order was issued by the Assistant Director, Drugs Control Administration, Madikeri Circle, Madikeri, Karnataka. The suspension is in effect for two days and was received on January 10, 2026.
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 ₹0.74 lacs due to this suspension. The details of this matter will be available on the company's website and the websites of BSE Limited and National Stock Exchange of India Ltd.
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