Medplus Subsidiary Faces Drug License Suspensions in Andhra Pradesh and Odisha
Medplus Health Services Limited reported on April 15, 2026, that its subsidiary, Optival Health Solutions Private Limited, received two suspension orders for drug licenses covering stores in Andhra Pradesh and Odisha.The suspensions, which were received on April 14, 2026, were issued by local drug control authorities. The violations cited across both incidents were under Rule 65 of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945.
The two suspension orders impacted stores in different geographical areas, resulting in quantifiable potential revenue losses for the company's subsidiary.
| Authority | Location | Duration of Suspension | Potential Revenue Loss |
|---|---|---|---|
| Assistant Director, Drugs control Administration, Eluru & West Godavari District, Andhra Pradesh | Ameenapeta Eluru, Andhra Pradesh | Seven days | Rs 5.85 lacs |
| Deputy Drugs Controler, (Admn.) (Licensing Authority, Bhubaneswar, Odisha | Market building Saheednagar, Odisha | Two days | Rs 0.96 lacs |
MEDPLUS Stock Price Movement
Medplus Health Services Limited shares today slipped by 0.20% to settle at ₹873.2. The equity saw a total trading volume of 103,042 shares, concluding a subdued day's movement.Source:
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