<?xml version="1.0" encoding="UTF-8"?>
<!--AIATOP V1.0 (24-04-2026)-->
<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/NSESymbol">AIIL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-26</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_ActionsInitiated1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/NSESymbol">AIIL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-26</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/NSESymbol">AIIL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-26</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/NSESymbol">AIIL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-26</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">AIIL</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">Authum Investment &amp; Infrastructure Limited</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">539177</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE206F01022</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">2026-07-25</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">20:50:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-07-26</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">Income 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">Authum Investment &amp; Infrastructure Limited</in-capmkt:NameOfPersonAgainstWhomActionsInitiatedOrOrdersPassed><in-capmkt:TypeOfCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:TypeOfCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:NatureAndDetailsOfTheActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Please note that there is no commnunication received from the Income Tax Authority, the search operation commenced on July 20 2026 and concluded from all the corporate and commercial premises of the Company on July 25 2026. There is no order or penalty imposed by the Income Tax Department and any update or communication from the authority will be updated.</in-capmkt:NatureAndDetailsOfTheActionsInitiatedOrOrdersPassed><in-capmkt:DateOfReceiptOfCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">2026-07-25</in-capmkt:DateOfReceiptOfCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:BriefDetailsOfTheMaterialContentsOfTheCommunicationReceivedForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:BriefDetailsOfTheMaterialContentsOfTheCommunicationReceivedForActionsInitiatedOrOrdersPassed><in-capmkt:PeriodForWhichCommunicationWouldBeApplicableForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:PeriodForWhichCommunicationWouldBeApplicableForActionsInitiatedOrOrdersPassed><in-capmkt:ExpectedImpactOfActionInitiatedOnFinancialAndOperationalOrOtherActivitiesOfTheListedEntity contextRef="I_ActionsInitiated1">None as of now</in-capmkt:ExpectedImpactOfActionInitiatedOnFinancialAndOperationalOrOtherActivitiesOfTheListedEntity><in-capmkt:DetailsOfAnyAberrationsOrNonCompliancesOrViolationsOrContraventionsIdentifiedByTheAuthorityInTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:DetailsOfAnyAberrationsOrNonCompliancesOrViolationsOrContraventionsIdentifiedByTheAuthorityInTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:DetailsOfAnyPenaltyOrRestrictionOrSanctionImposedPursuantToTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:DetailsOfAnyPenaltyOrRestrictionOrSanctionImposedPursuantToTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:ActionsTakenByListedCompanyWithRespectToTheCommunicationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Not Applicable</in-capmkt:ActionsTakenByListedCompanyWithRespectToTheCommunicationForActionsInitiatedOrOrdersPassed><in-capmkt:AnyOtherRelevantInformationForActionsInitiatedOrOrdersPassed contextRef="I_ActionsInitiated1">Will be Updated later once any update is received</in-capmkt:AnyOtherRelevantInformationForActionsInitiatedOrOrdersPassed><in-capmkt:NameOfTheSignatory contextRef="I_Signatories1">Ms. Dipyanti Jaiswar</in-capmkt:NameOfTheSignatory><in-capmkt:DesignationOfTheSignatory contextRef="I_Signatories1">Company Secretary</in-capmkt:DesignationOfTheSignatory><in-capmkt:DateOfOfTheSignatory contextRef="I_Signatories1">2026-07-26</in-capmkt:DateOfOfTheSignatory><in-capmkt:PlaceOfOfTheSignatory contextRef="I_Signatories1">Mumbai</in-capmkt:PlaceOfOfTheSignatory></xbrli:xbrl>
