Update under Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MEDPLUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Optival Health Solutions Private Limited, a subsidiary of Medplus Health Services Limited, has received a suspension order for the Drug License of one store located at Clock Tower Virajpet, Karnataka. The suspension, issued by the Assistant Director, Drugs Control Administration, Madikeri Circle, will last three days. The order was received on May 14, 2026. The action was taken under Rule 65 of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945. The company has quantified the potential revenue loss at Rs 1.34 lakhs.
The impact is minor and contained — only one store is affected for three days with a small estimated revenue loss of Rs 1.34 lakhs. It is unlikely to have any material bearing on the stock price.