Date: June 05, 2026
Regulatory Compliance Disclosure
Subsidiary Regulatory Action
- Optival Health Solutions Private Limited, a subsidiary of MedPlus Health Services Limited, received a suspension order for a Drug License
- The affected store is located at Ongole Kurnool Road, Andhra Pradesh
- Suspension period: 15 days
Regulatory Authority Details
- Issuing Authority: Assistant Director, District sales licensing Authority, Drugs control Administration
- Authority Address: D.no:010 03-014, Lawerpet Ongole, Prakasam District, Andhra Pradesh
- Date of order receipt: June 04, 2026
Violation Details
- Violation under: Rule 65 of Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945
Financial Impact
- Potential revenue loss quantified at ₹1.50 lakhs
Regulatory Context
- Disclosure made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
- Also pursuant to SEBI Circular SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024
Availability of Information
- The disclosure will be available on company website: www.medplusindia.com
- Also available on BSE Limited website: www.bseindia.com
- Also available on NSE website: www.nseindia.com
Signatory Details
- Designation: Managing Director and Chief Executive Officer
- Signing date: June 05, 2026