The 51st Annual General Meeting (AGM) of Soaltee Hotel Limited, one of Nepal’s leading five-star deluxe hotels that has significantly contributed to the country’s tourism sector for over six decades, was successfully held on Sunday, 28 Mangsir 2082 (14 December 2025). The meeting was conducted in a cordial atmosphere and witnessed the approval of several key resolutions, including the formation of a new Board of Directors.
Shareholders endorsed the Board’s annual report for fiscal year 2081/82 along with the company’s consolidated financial statements. On the recommendation of the Board, a cash dividend of 16.57894737 percent of the paid-up capital from the fiscal year 2081/82 profits was approved. In addition, a special resolution for the issuance of bonus shares equivalent to 15 percent of the paid-up capital was passed by the shareholders.
The AGM also approved the appointment of J.B. Rajbhandari & Devins, Chartered Accountants, Kathmandu, as the statutory auditor for the fiscal year 2082/83 and finalized their remuneration.
Newly Constituted Board of Directors
The meeting resulted in the formation of a nine-member Board of Directors, comprising five representatives from institutional shareholders, three from general shareholders, and one independent director.
From the institutional shareholder Soaltee Enterprises Private Limited, four directors were appointed: Mr. Dinesh Bahadur Bista, Mr. Ravi Bhakta Shrestha, Mr. Rajesh Kaji Shrestha, and Ms. Jaya Rajyalakshmi Shah. Mr. Amrit Man Shrestha was appointed as the director representing Nepal Airlines Corporation.
Among the general shareholders, Mr. Prakash Bikram Khatri, Mr. Shashiraj Pandey, and Mr. Niranjan Kumar Tibrewala were elected as directors. Dr. Madhav Giri was appointed as the independent director, bringing his expertise and objectivity to the Board.
Executive Leadership Appointed
Following the AGM, the newly elected Board convened its 261st meeting and unanimously appointed Mr. Dinesh Bahadur Bista as Executive Chairman of Soaltee Hotel Limited. His appointment is expected to provide strong leadership and strategic vision, guiding the hotel toward future growth and continued success.
Strengthening Governance and Strategic Vision
The newly formed Board aims to strengthen corporate governance, operational efficiency, and strategic planning, ensuring that Soaltee Hotel Limited maintains its position as a flagship luxury hotel in Nepal. The inclusion of both institutional and general shareholder representatives, along with an independent director, reflects the company’s commitment to transparency, balanced decision-making, and sustainable growth in Nepal’s competitive tourism sector.
