<?xml version="1.0" encoding="UTF-8"?>
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2023-06-30/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Closure_Of_Trading_Window/2023-06-30/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Closure_Of_Trading_Window/2023-06-30/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-capmkt-type="https://www.sebi.gov.in/xbrl/2023-06-30/in-capmkt-types" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2023-06-30.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">544587</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-03-30</xbrli:instant></xbrli:period></xbrli:context><in-capmkt:NameOfTheCompany contextRef="MainI">Midwest Limited</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="MainI">MIDWESTLTD</in-capmkt:NSESymbol><in-capmkt:ISIN contextRef="MainI">INE0XAD01024</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncementForClosureOfTradingWindow contextRef="MainI">New</in-capmkt:TypeOfAnnouncementForClosureOfTradingWindow><in-capmkt:TypeOfEventForClosureOfTradingWindow contextRef="MainI">Closure of Trading Window</in-capmkt:TypeOfEventForClosureOfTradingWindow><in-capmkt:DateOfStartOfTradingWindowClosure contextRef="MainI">2026-04-01</in-capmkt:DateOfStartOfTradingWindowClosure><in-capmkt:BriefDetailsForTradingWindowClosureEndDate contextRef="MainI">This is to inform you that in terms of Company’s Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relative of Designated Person read with Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities of the Company is closed for all designated persons and their immediate relatives on and from April 01, 2026 and would re-open after expiry of 48 hours from announcement of Audited (Standalone &amp; Consolidated) Financial Results for the quarter and year ending March 31, 2026.

The date of the Board Meeting for considering the Un-Audited (Standalone &amp; Consolidated) Financial Results for the quarter and year ending March 31, 2026, will be intimated in due course.
</in-capmkt:BriefDetailsForTradingWindowClosureEndDate><in-capmkt:PurposeOfTheClosureOfTradingWindow contextRef="MainI">This is to inform you that in terms of Company’s Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relative of Designated Person read with Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities of the Company is closed for all designated persons and their immediate relatives on and from April 01, 2026 and would re-open after expiry of 48 hours from announcement of Audited (Standalone &amp; Consolidated) Financial Results for the quarter and year ending March 31, 2026.

The date of the Board Meeting for considering the Un-Audited (Standalone &amp; Consolidated) Financial Results for the quarter and year ending March 31, 2026, will be intimated in due course.
</in-capmkt:PurposeOfTheClosureOfTradingWindow><in-capmkt:DateOfReport contextRef="MainI">2026-03-30</in-capmkt:DateOfReport></xbrli:xbrl>