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<xbrli:xbrl xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2026-03-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/Action_Initiation_Or_Action_Taken_Or_Order_Passed/2026-03-31/in-capmkt/in-capmkt-ent" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2026-03-31/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.w3.org/1999/xlink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2026-03-31.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">524648</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-22</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_ActionsInitiated1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">524648</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-22</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ActionsInitiatedOrOrdersPassedAxis"><in-capmkt:ActionsInitiatedOrOrdersPassedDomain>ActionsInitiatedOrOrdersPassedDomain1</in-capmkt:ActionsInitiatedOrOrdersPassedDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ActionsInitiated1_PersonsAgainstWhomActionsInitiated1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">524648</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-22</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ActionsInitiatedOrOrdersPassedAxis"><in-capmkt:ActionsInitiatedOrOrdersPassedDomain>ActionsInitiatedOrOrdersPassedDomain1</in-capmkt:ActionsInitiatedOrOrdersPassedDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:PersonsAgainstWhomActionsInitiatedOrOrdersPassedAxis"><in-capmkt:PersonsAgainstWhomActionsInitiatedOrOrdersPassedDomain>PersonsAgainstWhomActionsInitiatedOrOrdersPassedDomain1</in-capmkt:PersonsAgainstWhomActionsInitiatedOrOrdersPassedDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_Signatories1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">524648</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-22</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:SignatoriesAxis"><in-capmkt:SignatoriesDomain>SignatoriesDomain1</in-capmkt:SignatoriesDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">INDOAMIN</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">Indo Amines Limited</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">524648</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE760F01028</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncement contextRef="MainI">New</in-capmkt:TypeOfAnnouncement><in-capmkt:TypeOfEvent contextRef="MainI">Action(s) initiated or orders passed (sub-para 19)</in-capmkt:TypeOfEvent><in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting contextRef="MainI">false</in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting><in-capmkt:DateOfOccurrenceOfEventOrInformation contextRef="MainI">2026-10-22</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">12:10:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-10-22</in-capmkt:DateOfReport><in-capmkt:TypeOfActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Search or seizure</in-capmkt:TypeOfActionsInitiatedOrOrdersPassed><in-capmkt:ActionsInitiatedOrOrdersPassedBy contextRef="I_ActionsInitiated1">Statutory Authority</in-capmkt:ActionsInitiatedOrOrdersPassedBy><in-capmkt:NameOfAuthorityFromWhomActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Assistant Commissioner of State Tax, Maharashtra.
Maharashtra State Goods &amp; Services Tax Department</in-capmkt:NameOfAuthorityFromWhomActionsInitiatedOrOrdersPassed><in-capmkt:NumberOfPersonsAgainstWhomActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1" unitRef="pure" decimals="0">1</in-capmkt:NumberOfPersonsAgainstWhomActionsInitiatedOrOrdersPassed><in-capmkt:ActionsInitiatedOrOrdersPassedAgainst contextRef="I_ActionsInitiated1_PersonsAgainstWhomActionsInitiated1">Listed Entity (Self)</in-capmkt:ActionsInitiatedOrOrdersPassedAgainst><in-capmkt:NameOfPersonAgainstWhomActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1_PersonsAgainstWhomActionsInitiated1">Indo Amines Limited</in-capmkt:NameOfPersonAgainstWhomActionsInitiatedOrOrdersPassed><in-capmkt:TypeOfCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Inspection and Search under Section 67 of Maharashtra Goods &amp; Service Tax Act, 2017.</in-capmkt:TypeOfCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:NatureAndDetailsOfTheActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">The Maharashtra State Goods and Services Tax Department initiated inspection and search proceedings at the registered office of the Company on October 22, 2026.</in-capmkt:NatureAndDetailsOfTheActionsInitiatedOrOrdersPassed><in-capmkt:DateOfReceiptOfCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">2026-10-22</in-capmkt:DateOfReceiptOfCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:BriefDetailsOfTheMaterialContentsOfTheCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">The Goods &amp; Service Tax Department, Maharashtra, initiated Inspection and Search proceedings at the registered office of the Company involving  the examination of records and documents related to payment of GST and claim of input tax credit etc.</in-capmkt:BriefDetailsOfTheMaterialContentsOfTheCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:PeriodForWhichCommunicationWouldBeApplicableForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:PeriodForWhichCommunicationWouldBeApplicableForActionsInitiatedOrOrdersPassed><in-capmkt:ExpectedImpactOfActionInitiatedOnFinancialAndOperationalOrOtherActivitiesOfTheListedEntity contextRef="I_ActionsInitiated1">As on the date of this disclosure, the proceedings have not resulted in any disruption to the Company’s operations. Based on the information currently available, no material financial or operational impact has been identified. 

The Company will make further disclosures, as may be required under the applicable regulatory provisions, upon any material development in the matter.</in-capmkt:ExpectedImpactOfActionInitiatedOnFinancialAndOperationalOrOtherActivitiesOfTheListedEntity><in-capmkt:DetailsOfAnyAberrationsOrNonCompliancesOrViolationsOrContraventionsIdentifiedByTheAuthorityInTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">As on the date of this disclosure, no aberrations, non-compliances, violations or contraventions have been identified by the authority in connection with the proceedings.</in-capmkt:DetailsOfAnyAberrationsOrNonCompliancesOrViolationsOrContraventionsIdentifiedByTheAuthorityInTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:DetailsOfAnyPenaltyOrRestrictionOrSanctionImposedPursuantToTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">No penalty, restriction or sanction has been imposed on the Company as on the date of this disclosure.</in-capmkt:DetailsOfAnyPenaltyOrRestrictionOrSanctionImposedPursuantToTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:ActionsTakenByListedCompanyWithRespectToTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">The Company is extending its co-operation with the officials and providing necessary information and documents.</in-capmkt:ActionsTakenByListedCompanyWithRespectToTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:NameOfTheSignatory contextRef="I_Signatories1">TRIPTI SAWANT</in-capmkt:NameOfTheSignatory><in-capmkt:DesignationOfTheSignatory contextRef="I_Signatories1">COMPANY SECRETARY</in-capmkt:DesignationOfTheSignatory><in-capmkt:DateOfOfTheSignatory contextRef="I_Signatories1">2026-10-22</in-capmkt:DateOfOfTheSignatory><in-capmkt:PlaceOfOfTheSignatory contextRef="I_Signatories1">Dombivli</in-capmkt:PlaceOfOfTheSignatory></xbrli:xbrl>
