Optival Health Solutions Private Limited, a subsidiary of MedPlus Health Services Limited, has received suspension orders for two of its stores located in Karnataka. These suspensions, impacting operations for four to five days, relate to violations under the Drugs and Cosmetics Act. The company anticipates a total potential revenue impact of Rs 4.98 lacs due to these temporary store closures.
Details of Store Suspensions
Two retail locations operated by Optival Health Solutions Private Limited in Karnataka have been issued suspension orders by the Assistant Director of Drugs Control Administration. The orders, which were received on April 16, 2026, mandate temporary operational halts at these specific pharmacy outlets to address compliance concerns under the Drugs and Cosmetics Act, 1940 and subsequent rules.
Impact on Operations
The temporary closures affect two specific store sites:
- Jayanagar 5th Block store: Facing a four-day license suspension with a projected revenue impact of Rs 3.68 lacs.
- Srinivasanagar Bsk 2nd Stage store: Facing a five-day license suspension with a projected revenue impact of Rs 1.30 lacs.
The total estimated revenue impact from these suspensions is Rs 4.98 lacs. The company remains committed to maintaining regulatory standards across its pharmacy network to minimize service disruptions for its customers.
Source: BSE
