MedPlus has announced that Optival Health Solutions Private Limited, its subsidiary, received a suspension order for a Drug License of a store in Telangana. The suspension is for three days due to violations under the Drugs and Cosmetics Act. The potential revenue loss is estimated at Rs 2.94 lacs.
Drug License Suspension
Optival Health Solutions Private Limited, a subsidiary of MedPlus, has received a suspension order affecting one of its drug store licenses. The affected store is located in Telangana.
Details of the Suspension
The suspension, effective from January 24, 2026, relates to a store situated at Durga Nagar Colony Lingojiguda Village, Telangana. The license is suspended for a period of three days.
Reason for Suspension
The suspension is a result of violations under Rule 65 of Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.
Financial Impact
The potential revenue loss due to the suspension is estimated to be Rs 2.94 lacs.
Source: BSE
