---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-119706"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2026-10-28T21:30:06+00:00"
generated_at: "2026-10-28T21:32:04.578926+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TechPrecision extends $4.5M Beacon revolver to Nov 30, 2026 amid acknowledged covenant defaults

## Summary
- Sixteenth Amendment to the Amended and Restated Loan Agreement with Beacon Bank & Trust extends the $4,500,000 revolver maturity from October 16, 2026 to November 30, 2026, effective October 16, 2026.
- Borrowers acknowledge continuing Events of Default under Section 8.2: minimum Debt Service Coverage Ratio missed for 12-month periods ending Sept 30, 2023 through June 30, 2025.
- Maximum Balance Sheet Leverage covenant breached for periods ended March 31, 2024 through June 30, 2026; Beacon reserves all remedies including acceleration and default-rate interest.
- Borrowers paid Beacon a $15,000 failure-to-perform fee and $2,500 modification fee; the revolver stays interest-only at Term SOFR or Adjusted Prime, at Borrowers' election.
- Other debt: $2,850,000 Ranor term loan and $4,000,000 Stadco term loan; TechPrecision, Stadco New Acquisition, Westminster and Stadco reaffirm their guaranties.

## SEC filing metadata
- accession: 0001104659-26-119706
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2026-10-28T21:30:06+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465926119706/0001104659-26-119706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465926119706/tm2628379d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-119706
- JSON: https://secwatch.observer/filing/0001104659-26-119706.json
- Plain text: https://secwatch.observer/filing/0001104659-26-119706.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.