License of Medplus's shop in Karnataka suspended, losses can suspend more than Rs 10 Lakh - Medplus Karnataka Store License losses of more than Rs 10 Lakh

Updated: Sat, 11 Oct 2025 05:22 PM (IST) Optimum Health Solutions, a subsidiary of Medplus Health Services, received an order to suspend the drug license of one of its medicine stores in Karnataka for 15 days, which could lead to an income loss of about Rs 10,15 Lakh. Earlier, the company also had to experience similar suspension action in Maharashtra and Telangana. License of Medplus’ Karnataka-based store has been suspended for 15 days (filing photo) Digital Desk, New Delhi. Optival Health Solutions Pvt., A subsidiary of Medplus Health Services Limited. Ltd. received suspension orders from the drug license from one of his medicine stores in Karnataka. In the information given to the stock exchange, the company said this store is located on MG Road in the Chikmagalur district of Karnataka. Remove ads Read only news The company said the suspension will continue for 15 days, leading to a possible loss of income up to Rs 10.15 lakh. Earlier in August, another subsidiary of the company received a similar suspension order for a store in Maharashtra. Where were the stores closed? In addition, in January 2025, optimal health solutions received orders to suspend the licenses of two stores in Telangana. Below, the store in Thorur Village has been closed for 3 days and the shop in Kukatpally Bhagyanagar remained closed 1 day. At that time, the company estimated a loss of Rs 0.45 Lakh and Rs 2.04 Lakh respectively. Shares had an increase: Medplus shares closed 0.59% on Rs 784.20 on NSE on Friday, while the Nifty index achieved a 0.41% profit. The company’s shares have dropped by 5.61% so far this year, but have risen by 18.40% over the past 12 months.