MedPlus Subsidiary Receives Drug License Suspension Orders in Karnataka and Andhra Pradesh
MedPlus Health Services disclosed that its subsidiary, Optival Health Solutions Private Limited, received multiple drug license suspension orders from the Drugs Control Administration in Hubli, Gadag, and Serilingampally, citing violations under the Drugs and Cosmetics Act, 1940. The suspensions, ranging from one to three days, affect stores in Karnataka and Andhra Pradesh, with a combined potential revenue loss of ₹1.58 lakh. The disclosures were made to BSE and NSE under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

*this image is generated using AI for illustrative purposes only.
MedPlus Health Services has disclosed that its subsidiary, Optival Health Solutions Private Limited, received multiple suspension orders for drug licenses of stores situated in Karnataka and Andhra Pradesh. The regulatory actions, issued by the Drugs Control Administration, cite violations under the Drugs and Cosmetics Act, 1940, and the Drugs and Cosmetics Rules, 1945. The company estimates a total potential revenue loss of ₹1.58 lakh due to these suspensions.
Regulatory Action Details
The subsidiary faced suspension orders from authorities in Hubli, Gadag, and Serilingampally. The orders involve suspensions ranging from one to three days for specific store locations. A recent update on June 30, 2026, detailed additional suspensions in the Gadag circle. The following table summarises the suspension orders and their associated financial impact:
| Authority | Location | Suspension Duration | Potential Revenue Loss |
|---|---|---|---|
| Assistant Director, Drugs Control Administration, Hubli Circle, Hubli Karnataka | Adarsha Nagar Hubli, Karnataka | One day | ₹0.22 lacs |
| Assistant Director, Drugs Control Administration, Gadag Circle, Gadag Karnataka | Rani Road Gadag, Karnataka | Two days | ₹0.60 lacs |
| Assistant Director, Drugs Control Administration, Gadag Circle, Gadag Karnataka | Gajendragad and College Road Gadag, Karnataka | One day each | ₹0.32 lacs and ₹0.47 lacs respectively |
| Assistant Director, Drugs Control Administration, Serilingampally Andhra Pradesh | Radhakrishna Nagar Attapur Andhra Pradesh | Three days | ₹0.76 lacs |
Key Highlights
- Optival Health Solutions Private Limited is a subsidiary of MedPlus Health Services.
- Suspension orders were received under Rule 65 of the Drugs and Cosmetics Act, 1940.
- The orders impact stores in Hubli and Gadag in Karnataka, and Serilingampally in Andhra Pradesh.
- The total quantifiable financial impact is a potential revenue loss of ₹1.58 lakh.
The disclosure was made to the BSE Limited and National Stock Exchange of India Limited on June 26, 2026, and June 30, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Medplus Health Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.25% | -0.89% | -7.09% | -2.93% | -11.19% | -27.85% |
What specific operational changes will MedPlus implement to prevent future regulatory violations in these regions?
Could these suspension orders lead to increased scrutiny from regulators on other MedPlus outlets?
How might this regulatory action affect investor confidence in MedPlus Health Services' compliance standards?































