Medplus Subsidiary Drug License Suspended for One Day

Medplus Health Services Ltd announced that its subsidiary, Optival Health Solutions Private Limited, has received a one-day suspension order for a Drug License for a store in Telangana. The suspension, issued by the Assistant Director of Drugs Control Administration, is due to alleged violations of the Drugs and Cosmetics Act, 1940, and Drugs and Cosmetics Rules, 1945. The company estimates a potential revenue loss of Rs 0.80 lacs from this incident. The details of the order have been made available on the company's website and stock exchange portals.