Taragaon Regency Hotel Limited (TRH) has proposed a 5% cash dividend for its shareholders for the fiscal year 2081/82. The decision was made during the meeting of the Board of Directors held on Mangsir 22, signaling the company’s continued commitment to providing stable returns to its investors.
Dividend Based on Paid-Up Capital of Rs. 1.96 Billion
According to the board’s resolution, the company plans to distribute a 5% cash dividend (excluding tax) from its current paid-up capital of Rs. 1,962,120,200. The proposed dividend will come into effect only after receiving formal approval from the upcoming Annual General Meeting (AGM). TRH’s stock had closed at Rs. 700 per share in the previous trading session, reflecting investor confidence in the company’s performance and long-term prospects.
A Leading Public-Private Partnership in Nepal’s Hospitality Sector
Established on March 29, 1993, Taragaon Regency Hotel Limited stands as one of Nepal’s significant public-private partnership ventures in the tourism and hospitality sector. The hotel began its operations in 1997, offering services as a Super Deluxe Hotel cum Nepali Cultural and Tourism Centre, envisioned to promote Nepal’s rich heritage while providing world-class hospitality.
A Luxury Property Rooted in Newari Architecture
Situated on 304 ropani of land near the iconic Boudhanath Stupa, a UNESCO World Heritage Site, the hotel is strategically located just 4 kilometers from Tribhuvan International Airport. The property features 300 rooms and is designed in the traditional Newari architectural style, blending cultural aesthetics with modern hospitality standards.
Since its inception, the hotel has been managed by Hyatt International, ensuring global service standards and adding international appeal to its offerings. The hotel was formally inaugurated by His Late Majesty King Birendra Bir Bikram Shah Dev, marking a historic milestone in Nepal’s tourism development journey.
Listed on NEPSE and Open to Public Shareholding
In 1999, Taragaon Regency Hotel Limited was listed on the Nepal Stock Exchange (NEPSE), paving the way for public investment. Its listing has allowed thousands of shareholders to participate in the growth of one of the nation’s most prominent hospitality institutions.
Over the years, TRH has continued to attract both domestic and international visitors, establishing itself as a symbol of national pride, a culturally rich destination, and a key driver of Nepal’s tourism economy.
With the proposed dividend for FY 2081/82, TRH reaffirms its commitment to rewarding shareholders while sustaining the company’s growth trajectory. The forthcoming AGM will determine the final approval of the dividend. Analysts note that such consistent dividend announcements reflect the company’s strong financial health and steady operational performance, even amidst challenges in the broader tourism industry.
As Nepal’s tourism sector continues to gain momentum, Taragaon Regency Hotel Limited is expected to remain a leading player in premium hospitality, supported by its heritage-inspired architecture, strategic location, and international management excellence.
