
Legal28 March 2026 at 11:31 am
Medplus Subsidiary Faces Three-Day Drug License Suspension in Karnataka
AI Summary
Medplus Health Services Ltd. has disclosed an update regarding a suspension order received by its subsidiary, Optival Health Solutions Private Limited. The suspension order, issued by the Assistant Director, Drugs Control Administration, Hubli Circle, Hubli, Karnataka, affects a drug license of a store situated in the state of Karnataka. The order, received on 27.03.2026, is under Rule 65 of Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945. This could potentially result in a revenue loss of Rs 0.66 lacs for the company.
Key Highlights
- Medplus Health Services Ltd. subsidiary, Optival Health Solutions Private Limited, receives suspension order for a Drug License
- The suspension affects a store situated in Karnataka
- Order received on 27.03.2026 under Rule 65 of Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945
- Potential revenue loss of Rs 0.66 lacs