Medplus Subsidiary's Drug License Suspended for 2 Days

Medplus Health Services Ltd announced that its subsidiary, Optival Health Solutions Private Limited, has received a suspension order for a drug license for a store in Karnataka. The suspension is for two days, impacting a store in Kacharakanahalli, Bangalore. The action was taken by the Assistant Director, Drugs Control Administration, Bangalore Circle-5, under Rule 65 of the Drugs and Cosmetics Act, 1940 and Rules, 1945. The company estimates a potential revenue loss of Rs 1.48 lacs due to this suspension. The details will be available on the company's website and stock exchanges.