TechPrecision Corp Extends Revolving Credit Maturity to Oct 16, 2026

What Happened

• TechPrecision Corporation (through wholly owned subsidiary Ranor, Inc. and certain affiliates) filed an 8-K reporting a Fifteenth Amendment to its Amended and Restated Loan Agreement with Beacon Bank & Trust (successor by merger to Berkshire Bank).
• The Amendment, executed on September 15, 2026, extends the maturity date of the existing revolving line of credit (the “Revolver Loan”) from September 15, 2026 to October 16, 2026. The Revolver Loan has a maximum principal amount of $4,500,000.

Key Details

• Borrowers: Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC (and other affiliates).
• Lender: Beacon Bank & Trust, successor by merger to Berkshire Bank.
• Amendment dated: September 15, 2026; new maturity: October 16, 2026 (previous maturity: September 15, 2026).
• Loan size unchanged: $4,500,000 maximum principal; Amendment text is filed as Exhibit 10.1 to the 8-K.

Why It Matters

• The one-month extension preserves the company’s access to its $4.5M revolving credit facility into mid‑October, affecting near-term liquidity and financing options.
• The filing does not report any increase in the credit amount or other material changes beyond the maturity extension, and notes no other material relationships between the company (and affiliates) and Beacon apart from the loan documents and past borrowing.
• Investors should view this as a short-term amendment to the company’s financing arrangements; the full Amendment is available in Exhibit 10.1 of the 8‑K for details.