Medplus Subsidiary's Drug License Suspended in Telangana

Optival Health Solutions Private Limited, a subsidiary of Medplus Health Services Ltd, has received a suspension order for a Drug License for a store located in Vijaynagar Colony, Telangana. The suspension is for three days and was issued by the Assistant Director, Drugs Control Administration, Hyderabad. The action is based on alleged violations of Rule 65 of the Drugs and Cosmetics Act, 1940 and Rules, 1945. The company estimates a potential revenue loss of ₹0.78 lacs due to this suspension. The details of the order will be available on the company's website and stock exchange websites.