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<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2024-02-29/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Announcement_For_Fraud_Or_Default/2024-02-29/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Announcement_For_Fraud_Or_Default/2024-02-29/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/2024-02-29/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-2024-02-29.xsd"/><xbrli:context id="MainD"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">RILINFRA</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-08-04</xbrli:startDate><xbrli:endDate>2026-08-04</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">RILINFRA</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-08-04</xbrli:instant></xbrli:period></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">RILINFRA</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">Rachana Infrastructure Limited</in-capmkt:NameOfTheCompany><in-capmkt:WhetherDisclosureFiledForListedCompany contextRef="MainI">true</in-capmkt:WhetherDisclosureFiledForListedCompany><in-capmkt:PlaceOfOccurrenceOfEvent contextRef="MainI">Ahmedabad</in-capmkt:PlaceOfOccurrenceOfEvent><in-capmkt:TimeOfOccurrenceOfEvent contextRef="MainD">14:00:00</in-capmkt:TimeOfOccurrenceOfEvent><in-capmkt:TypeOfAnnouncement contextRef="MainI">New</in-capmkt:TypeOfAnnouncement><in-capmkt:TypeOfEventOfFraudOrDefaults contextRef="MainI">Initial Disclosure</in-capmkt:TypeOfEventOfFraudOrDefaults><in-capmkt:TypeOfDisclosureInRelationToEventOfFraudOrDefaults contextRef="MainI">Fraud</in-capmkt:TypeOfDisclosureInRelationToEventOfFraudOrDefaults><in-capmkt:CategoryOfEntityForWhichDisclosureIsFiledForFraudOrDefaults contextRef="MainI">Employees</in-capmkt:CategoryOfEntityForWhichDisclosureIsFiledForFraudOrDefaults><in-capmkt:RemarksForWebsiteDissemination contextRef="MainI">NA</in-capmkt:RemarksForWebsiteDissemination><in-capmkt:DateOfReport contextRef="MainI">2026-08-04</in-capmkt:DateOfReport><in-capmkt:NatureOfFraudOrDefaultOrArrest contextRef="MainI">Misrepresentation and Falsification in the List of Persons/Entities to whom funds were required to be paid by the Company. 

The Accountant, Mrs. Anjanaben Rajnikantbhai Patel, appointed in August 2019, abused the procedure/system set up by the Company for pay-out of bills and/or salary to Creditors and/or Employees in different States, by misrepresenting and falsifying the list of pay-outs to be processed by the Company, and transferred funds from the Company into the bank accounts of her son and other relatives by adding their names to the said list of pay-outs since 2019 to 2026.</in-capmkt:NatureOfFraudOrDefaultOrArrest><in-capmkt:EstimatedImpactOfFraudOrDefaultOrArrestWasUnearthingOrOccurredOnTheListedEntity contextRef="MainI">On conclusion of investigation, a number of false transactions were identified, totalling ₹84,02,694/-</in-capmkt:EstimatedImpactOfFraudOrDefaultOrArrestWasUnearthingOrOccurredOnTheListedEntity><in-capmkt:DateOfWhenTheFraudOrDefaultOrArrestWasUnearthingOrOccurred contextRef="MainI">2026-08-03</in-capmkt:DateOfWhenTheFraudOrDefaultOrArrestWasUnearthingOrOccurred><in-capmkt:TimeOfWhenTheFraudOrDefaultOrArrestWasUnearthingOrOccurred contextRef="MainD">14:00:00</in-capmkt:TimeOfWhenTheFraudOrDefaultOrArrestWasUnearthingOrOccurred><in-capmkt:NumberOfPersonsInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred contextRef="MainI">1</in-capmkt:NumberOfPersonsInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred><in-capmkt:NameOfPersonsInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred contextRef="MainI">Mrs. Anjanaben Rajnikantbhai Patel (Accountant)</in-capmkt:NameOfPersonsInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred><in-capmkt:EstimatedAmountInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred contextRef="MainI">8402694</in-capmkt:EstimatedAmountInvolvedInFraudOrDefaultOrArrestWasUnearthingOrOccurred><in-capmkt:NameAndDetailsOfAppropriateAuthoritiesToWhomTheFraudOrDefaultOrArrestHasBeenReported contextRef="MainI">The Company has filed a FIR against the employee, Mrs. Anjanaben Rajnikantbhai Patel, and her son, Mr. Nisarg Manishbhai Patel, at Bodakdev Police Station, Ahmedabad — FIR No. 11191006260195 dated 31.07.2026 (copy received by the Company on 03.08.2026).</in-capmkt:NameAndDetailsOfAppropriateAuthoritiesToWhomTheFraudOrDefaultOrArrestHasBeenReported><in-capmkt:OtherDisclosureWithRespectToComplianceOfAnySEBIActOrRegulationOrCircularOrProvisionForInitialDisclosureOfFraudOrDefaultOrArrest contextRef="MainI">The Company terminated the employee's services. The Company has scrapped the old System/Procedure of payout of funds. The Company has now designed more Robust and Secured Payment System</in-capmkt:OtherDisclosureWithRespectToComplianceOfAnySEBIActOrRegulationOrCircularOrProvisionForInitialDisclosureOfFraudOrDefaultOrArrest></xbrli:xbrl>