STOCKWATCH

Medplus Health Services Ltd Subsidiary Faces Suspension of Drug License

Medplus Health Services Ltd has disclosed that its subsidiary, Optival Health Solutions Private Limited, has received a suspension order for a drug license of a store situated at Haveri, Karnataka. The suspension is under Rule 65 of the Drugs and Cosmetics Act, 1940 and Rules, 1945. The potential revenue loss is estimated to be around Rs~0.97 Lacs.

• Medplus Health Services Ltd's subsidiary, Optival Health Solutions Private Limited, has received a suspension order for a drug license.
• The suspension is for a store situated at Haveri, Karnataka under Rule 65 of the Drugs and Cosmetics Act, 1940 and Rules, 1945.
• The potential revenue loss is estimated to be around Rs~0.97 Lacs.
• The suspension order was received on 07.11.2024.
• The disclosure was made under Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.