Medplus Health Services Limited is India's second-largest pharmacy retailer, operating an omni-channel platform for selling medicines, wellness products, and lab tests.;

CEO/MD

Gangadi Madhukar Reddy

Founded in

2006

NSE symbol

MEDPLUS

Shareholding pattern

Sep '25

Dec '25

Mar '26

Jun '26

Sep '26

Mutual Funds Invested (4)

Fund name	AUM%
Franklin India ELSS Tax Saver Fund Direct Growth	0.29
Bandhan Small Cap Fund Direct Growth	0.17
Bandhan Balanced Advantage Fund Direct Growth	0.35
Invesco India Contra Fund Direct Growth	0.36

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CNBC TV18 • 20 hours ago

The 30% trade margin cap on non-scheduled anti-cancer drugs will have negligible impact on MedPlus Health Services. MD and CEO Gangadi Madhukar Reddy highlighted that the regulatory focus should instead be on drug quality.

ScoutQuest • 23 hours ago

MedPlus CEO stated oncology margin caps have negligible impact, as oncology drugs form under 0.1-0.2% of sales. He argued against price caps, noting retail competition already drives discounts of 50-80% across products.

ScoutQuest • 1 week ago

CareEdge Ratings reaffirmed ratings for Optival Health Solutions, a material subsidiary of MedPlus Health Services, maintaining long-term bank facilities of Rs 236 crore at CARE A; Stable. Short-term bank facilities of Rs 14 crore were reaffirmed at CARE A1. The filing noted that no rating rationale was provided.

BSE • 2 weeks ago

MedPlus Health Services schedules board meeting on Oct 27, 2026, to review Q2 and half-year financial results. Trading window closure for insiders from Oct 1, 2026, to 48 hours post-results declaration.

ScoutQuest • 1 month ago

Medplus Health admits non-compliance under SEBI Regulation 17(1A) over director's age above 75. The issue arose from interpretational differences; board approved measures to enhance compliance.

BSE • 1 month ago

Medplus Health Services approves buying 0.01% stake in Optival Health, making it a wholly owned subsidiary. Acquisition involves 17,986 shares for Rs. 1.10 Cr; Optival had FY 2025-26 turnover of Rs. 6816.4 Cr.

BSE • 2 months ago

Medplus Health Services' promoters report share encumbrance details under SEBI SAST regulations. Promoters Agilemed Investments and Lone Furrow pledged shares to restore security cover ratios for debenture repayments.

BSE • 2 months ago

MedPlus Health Services held its 20th AGM on Aug 17, 2026, via VC/OAVM, chaired by CEO Gangadi Madhukar Reddy. AGM discussed financial statements, director appointments, and voting results; resolutions were passed via e-voting and Insta Poll.

ScoutQuest • 2 months ago

Medplus subsidiary faces 2-day suspension for Karnataka store's drug license. Revenue loss estimated at Rs 0.71L; linked to Drugs and Cosmetics Act violation.

Livesquawk • 2 months ago

Medplus executed a BSE block trade worth Rs 60.7cr for 869,419 shares. The transaction was priced at Rs 698.0 per share.

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