Versigent Debuts as Independent NYSE-Listed Company
ECONOMY & POLICY

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.

The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.

Versigent reported revenues of $8.8 billion, net income of $528 million and adjusted EBITDA of $893 million for 2025, reflecting a strong financial foundation. The company aims to leverage its global scale, engineering expertise and advanced manufacturing capabilities to meet rising demand for efficient and reliable power solutions.

As an independent entity, Versigent plans to focus on operational excellence, innovation and disciplined capital allocation to drive long-term value creation. It expects steady revenue growth and aims to achieve $1 billion in free cash flow by 2028.

The separation was executed through a tax-free spin-off, with Aptiv shareholders receiving one Versigent share for every three Aptiv shares held. The company is scheduled to announce its first quarterly results in May 2026.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net income of $528 million and adjusted EBITDA of $893 million for 2025, reflecting a strong financial foundation. The company aims to leverage its global scale, engineering expertise and advanced manufacturing capabilities to meet rising demand for efficient and reliable power solutions.As an independent entity, Versigent plans to focus on operational excellence, innovation and disciplined capital allocation to drive long-term value creation. It expects steady revenue growth and aims to achieve $1 billion in free cash flow by 2028.The separation was executed through a tax-free spin-off, with Aptiv shareholders receiving one Versigent share for every three Aptiv shares held. The company is scheduled to announce its first quarterly results in May 2026.

Next Story
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Next Story
Infrastructure Transport

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Next Story
Infrastructure Urban

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement