MedPlus Health Services Limited has issued a formal clarification regarding the delay in disclosing a material event that occurred on March 23, 2026. The company attributed the breach of the 24-hour timeline to an inadvertent oversight detected through internal systems. MedPlus expressed regret for the lapse and confirmed that corrective measures have been implemented to strengthen internal monitoring and ensure timely future compliance.
Explanation for Disclosure Delay
MedPlus Health Services Limited has addressed the non-timely disclosure of a material event that took place on March 23, 2026. The company formally informed the stock exchanges on March 24, 2026, explaining that the delay in reporting within the mandated 24-hour period was the result of an inadvertent oversight.
Immediate Remedial Action Taken
Upon identifying the lapse via the internal system, the company proceeded to submit the required intimation on the same day, March 23, 2026. The management sincerely regretted the delay, emphatically confirming that there was no intention to withhold any material information from the listing authorities.
Assurance for Future Compliance
To prevent recurrence, MedPlus has committed to immediate and necessary corrective actions. The company assured stakeholders that measures are being taken to strengthen internal reporting and monitoring systems. This is intended to guarantee full and timely compliance with all applicable disclosure requirements moving forward.
Source: BSE
