<?xml version="1.0" encoding="UTF-8"?>
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2022-04-30/in-capmkt" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Changes_In_Management/2022-04-30/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="https://www.sebi.gov.in/xbrl/2022-04-30/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-2022-04-30.xsd"/>
<xbrli:context id="ChangeInManagement001D"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">SYSTMTXC</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-17</xbrli:startDate><xbrli:endDate>2026-04-17</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ChangeInManagementAxis"><in-capmkt:ChangeInManagementDomain>ChangeInManagementDomain1</in-capmkt:ChangeInManagementDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context>
<xbrli:context id="ChangeInManagement001I"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">SYSTMTXC</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-04-17</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ChangeInManagementAxis"><in-capmkt:ChangeInManagementDomain>ChangeInManagementDomain1</in-capmkt:ChangeInManagementDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context>
<xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><xbrli:unit id="INRPerShare"><xbrli:divide><xbrli:unitNumerator><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unitNumerator><xbrli:unitDenominator><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unitDenominator></xbrli:divide></xbrli:unit>
<in-capmkt:NSESymbol contextRef="OneI">SYSTMTXC</in-capmkt:NSESymbol>
<in-capmkt:NameOfTheCompany contextRef="OneI">SYSTEMATIX CORPORATE SERVICES LIMITED</in-capmkt:NameOfTheCompany>
<in-capmkt:ReasonOfChange contextRef="ChangeInManagement001D">Change in designation</in-capmkt:ReasonOfChange>
<in-capmkt:Designation contextRef="ChangeInManagement001D">Non - Executive Independent Director</in-capmkt:Designation>
<in-capmkt:NameOfThePersonOrAuditorOrAuditFirmOrRTA contextRef="ChangeInManagement001D">Vijaykumar Gautam</in-capmkt:NameOfThePersonOrAuditorOrAuditFirmOrRTA>
<in-capmkt:EffectiveDateOfAppointmentOrResignationOrRemovalOrDisqualificationOrCessationOrVacationOfOfficeDueToStatutoryAuthorityOrderOrAdditionalChargeOrChangeInDesignation contextRef="ChangeInManagement001I">2026-04-17</in-capmkt:EffectiveDateOfAppointmentOrResignationOrRemovalOrDisqualificationOrCessationOrVacationOfOfficeDueToStatutoryAuthorityOrderOrAdditionalChargeOrChangeInDesignation>
<in-capmkt:TermOfAppointment contextRef="ChangeInManagement001D">5</in-capmkt:TermOfAppointment>
<in-capmkt:BriefProfile contextRef="ChangeInManagement001D">Mr. Vijaykumar Gautam is an Indian Administrative Service officer of the 1987 batch of the Maharashtra cadre and has served as Additional Chief Secretary to the Government of Maharashtra. Born in Jharkhand, he completed his schooling in Bokaro Steel City and graduated with distinction in Physics (Honours) from St. Xavier’s College, Ranchi. He pursued his M.Sc. in Physics from the University of Delhi and later acquired a Master’s degree in Economics from Pune. He has also undertaken advanced certificate programmes in Public Administration from the London School of Economics, Blockchain Strategy from Oxford Business School, and Finance from Harvard Business School.  During his distinguished career in the Government of Maharashtra, he has held several key field and secretariat positions, including Assistant Collector, Kolhapur; Chief Executive Officer of Amaravati and Ratnagiri; Collector and District Magistrate of Nashik, Sindhudurg, Mumbai, and Pune; Director, Information Technology; Principal Secretary for Skill Development, Information Technology, Finance, and Tourism &amp; Cultural Affairs; and Additional Chief Secretary, Water Resources. He has also served the Government of India in the Ministries of Finance, Power, and Sports.  Mr. Vijaykumar Gautam has extensive experience in land revenue administration, law and order, disaster management, conduct of elections, rural development, information technology, finance, and water resources. He was instrumental in initiating India’s first e-Government-to-Citizen (e-G2C) platform, the establishment of the Hinjewadi IT Park, and policy planning for fintech hubs and smart city projects in Maharashtra. At the central level, he has worked on banking and insurance matters in the Ministry of Finance, energy sector reforms including the Electricity Act, 2003 and the establishment of the Bureau of Energy Efficiency in the Ministry of Power, and the organization of multi-sport mega international events in the Ministry of Sports.</in-capmkt:BriefProfile>
<in-capmkt:CurrentDesignation contextRef="ChangeInManagement001I">Additional Non Executive Independent Director</in-capmkt:CurrentDesignation>
<in-capmkt:AdditionalNewDesignation contextRef="ChangeInManagement001I">Non Executive Independent Director</in-capmkt:AdditionalNewDesignation>
</xbrli:xbrl>