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<xbrli:xbrl xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2025-11-30/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/Changes_In_Management/2025-11-30/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/2025-11-30/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.w3.org/1999/xlink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2025-11-30.xsd"/><xbrli:context id="MainD"><xbrli:entity><xbrli:identifier 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id="D_ChangeInManagement2"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500870</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-05-28</xbrli:startDate><xbrli:endDate>2026-05-28</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ChangeInManagementAxis"><in-capmkt:ChangeInManagementDomain>ChangeInManagementDomain2</in-capmkt:ChangeInManagementDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">CASTROLIND</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">CASTROL INDIA LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">500870</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE172A01027</in-capmkt:ISIN><in-capmkt:WhetherDisclosureFiledForListedEntity 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unitRef="pure" decimals="INF">0</in-capmkt:TermOfAppointmentInMonths><in-capmkt:BriefProfile contextRef="D_ChangeInManagement2">Mr. Saugata Basuray is currently the Wholetime Director and Interim Chief Executive Officer of the Company. With over 26 years of experience across sales, marketing, and business leadership, Mr. Basuray has built a rich and diverse career with Castrol India Limited. He joined the Company as a Management Trainee in 1999, soon after completing his MBA from Symbiosis Institute of Business Management (SIBM) and has since grown though a series of impactful roles in India and abroad.

Mr.  Basuray has worked in four countries across two continents, giving him a deep experience of  operating in diverse market structures and through different economic cycles. Early in his career, he served as Executive Assistant to the Managing Director of the Company and Regional Vice President bp—an experience that offered him a close view of strategic leadership and global business operations. 

In 2008, he moved to Castrol’s global head quarter in the UK, where he was part of the marketing team that helped shape Castrol Edge into a global power brand. After returning to India, he led sales for the B2B channel and later served as Head of Marketing for Castrol India. He went on to lead Castrol Philippines from 2013 to 2017 and subsequently took charge as Managing Director of Castrol’s joint venture in Indonesia. 

Prior to assuming the role of Interim CEO of the Company, Mr. Basuray was the Wholetime Director and Head-B2C Business of the Company, where he drove a multi-year transformation program of the Company’s go-to-market model and significantly expanded Castrol’s distribution network deep into rural India. 

Mr.  Basuray holds an Engineering degree from the University of Pune.</in-capmkt:BriefProfile><in-capmkt:DisclosureOfRelationshipsBetweenDirectorsInCaseOfAppointmentOfDirector contextRef="D_ChangeInManagement2">Mr. Saugata Basuray is not related to any Director</in-capmkt:DisclosureOfRelationshipsBetweenDirectorsInCaseOfAppointmentOfDirector><in-capmkt:AffirmationThatThePersonProposedToBeAppointedAsDirectorIsNotDebarredFromHoldingTheOfficeByVirtueOfAnySEBIOrderOrAnyOtherAuthority contextRef="D_ChangeInManagement2">true</in-capmkt:AffirmationThatThePersonProposedToBeAppointedAsDirectorIsNotDebarredFromHoldingTheOfficeByVirtueOfAnySEBIOrderOrAnyOtherAuthority><in-capmkt:WhetherTheDirectorBeingAppointedIsDisqualifiedFromHoldingTheOfficeOfDirectorPursuantToProvisionsOfSection164OfTheCompaniesAct2013 contextRef="D_ChangeInManagement2">false</in-capmkt:WhetherTheDirectorBeingAppointedIsDisqualifiedFromHoldingTheOfficeOfDirectorPursuantToProvisionsOfSection164OfTheCompaniesAct2013></xbrli:xbrl>
