<?xml version="1.0" encoding="UTF-8"?>
<!--CIRP V1.0 (10-04-2026)-->
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2023-09-30/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Corporate_Insolvency_Resolution_Process/2023-09-30/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Corporate_Insolvency_Resolution_Process/2023-09-30/in-capmkt-roles" 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/2023-09-30/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.xbrl.org/2003/XLink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2023-09-30.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">540083</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="CorporateInsolvencyResolutionProcessEvent1D"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">540083</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-07-31</xbrli:startDate><xbrli:endDate>2026-07-31</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessEventAxis">in-capmkt:CorporateInsolvencyResolutionProcessEvent1Member</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">540083</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-31</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember><xbrldi:typedMember dimension="in-capmkt:FinancialCreditorsAxis"><in-capmkt:FinancialCreditorsDomain>FinancialCreditorsDomain1</in-capmkt:FinancialCreditorsDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="InitiationOfCorporateInsolvencyResolutionProcess_D"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">540083</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-07-31</xbrli:startDate><xbrli:endDate>2026-07-31</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="InitiationOfCorporateInsolvencyResolutionProcess_I"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">540083</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-31</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NameOfTheCompany contextRef="MainI">TV VISION LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="MainI">TVVISION</in-capmkt:NSESymbol><in-capmkt:ISIN contextRef="MainI">INE871L01013</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncement contextRef="MainI">New</in-capmkt:TypeOfAnnouncement><in-capmkt:TypeOfCorporateInsolvencyResolutionProcessEvent contextRef="CorporateInsolvencyResolutionProcessEvent1D">Initiation of CIRP pursuant to NCLT order</in-capmkt:TypeOfCorporateInsolvencyResolutionProcessEvent><in-capmkt:DateOfReport contextRef="MainI">2026-07-31</in-capmkt:DateOfReport><in-capmkt:DateOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">2026-07-30</in-capmkt:DateOfNCLTOrder><in-capmkt:WhetherInitiationOfCIRPWasIntimatedToExchange contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">true</in-capmkt:WhetherInitiationOfCIRPWasIntimatedToExchange><in-capmkt:DateOfDisclosure contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">2026-03-04</in-capmkt:DateOfDisclosure><in-capmkt:NameOfTheApplicant contextRef="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1">Punjab National Bank</in-capmkt:NameOfTheApplicant><in-capmkt:AmountAllegedToBeInDefault contextRef="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1" unitRef="INR" decimals="-3">294658210348000</in-capmkt:AmountAllegedToBeInDefault><in-capmkt:WhetherTheCompanyIsInReceiptOfCopyOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">true</in-capmkt:WhetherTheCompanyIsInReceiptOfCopyOfNCLTOrder><in-capmkt:DetailsOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">The Hon'ble NCLT, Mumbai Bench, vide its Order dated July 30, 2026, has admitted the said application and ordered the commencement of the Corporate Insolvency Resolution Process ("CIRP") against the Company under Section 7 of the IBC. Mr. Alok Kumar Murarka (Registration No. IBBI/IPA-001/IP-P-01934/2019-2020/13006) is appointed as the Interim Resolution Professional ("IRP") to carry out the functions as prescribed under the Insolvency and Bankruptcy Code, 2016.the Hon'ble NCLT has declared a moratorium with effect from the date of the Order. The powers of the Board of Directors of the Company stand suspended
with effect from the date of admission of the CIRP. And other Salient features as prescribed in the NCLT Order.</in-capmkt:DetailsOfNCLTOrder><in-capmkt:SalutationOfResolutionProfessional contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">Mr.</in-capmkt:SalutationOfResolutionProfessional><in-capmkt:NameOfResolutionProfessional contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">Alok Kumar Murarka</in-capmkt:NameOfResolutionProfessional></xbrli:xbrl>
