The ratings are based on the strength of an unconditional and irrevocable guarantee provided by KSFL's parent, Krishak Bharati Cooperative Ltd (Kribhco, rated 'AA-/Stable/P1+' by CRISIL).
CRISIL's ratings on KSFL's bank loan facilities reflect the unconditional and irrevocable guarantee from the parent, Kribhco.