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<!--CTW V1.0 (26-06-2026)-->
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2023-06-30/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Closure_Of_Trading_Window/2023-06-30/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Closure_Of_Trading_Window/2023-06-30/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/2023-06-30/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-2023-06-30.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">545005</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-28</xbrli:instant></xbrli:period></xbrli:context><in-capmkt:NameOfTheCompany contextRef="MainI">PARAS HEALTHCARE LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="MainI">PARASHLTH</in-capmkt:NSESymbol><in-capmkt:ISIN contextRef="MainI">INE661T01029</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncementForClosureOfTradingWindow contextRef="MainI">New</in-capmkt:TypeOfAnnouncementForClosureOfTradingWindow><in-capmkt:TypeOfEventForClosureOfTradingWindow contextRef="MainI">Closure of Trading Window</in-capmkt:TypeOfEventForClosureOfTradingWindow><in-capmkt:DateOfStartOfTradingWindowClosure contextRef="MainI">2026-10-28</in-capmkt:DateOfStartOfTradingWindowClosure><in-capmkt:BriefDetailsForTradingWindowClosureEndDate contextRef="MainI">Dear Sir/Madam,
This is to inform you that pursuant to the provisions of the SEBI PIT Regulations and the Company’s Code of Conduct for Prohibition of Insider Trading, the Trading Window for dealing in Company’s securities shall be closed from Wednesday, October 28, 2026, till forty-eight (48) hours after the declaration of Unaudited Standalone and Consolidated Financial Results (“Financial Results”) of the Company for the quarter and half year ended September 30, 2026. 
Accordingly, all the Designated Persons of the Company and their immediate relatives shall be strictly prohibited to deal in the securities of the Company during the aforesaid period.
Date of the Meeting of the Board of Directors, proposed to be held, inter-alia, to consider and approve the aforesaid Financial Results will be intimated in due course.
This disclosure will also be hosted on the Company’s website at https://www.parashospitals.com/investors.
We request you to kindly take the above information on record.</in-capmkt:BriefDetailsForTradingWindowClosureEndDate><in-capmkt:PurposeOfTheClosureOfTradingWindow contextRef="MainI">Dear Sir/Madam,
This is to inform you that pursuant to the provisions of the SEBI PIT Regulations and the Company’s Code of Conduct for Prohibition of Insider Trading, the Trading Window for dealing in Company’s securities shall be closed from Wednesday, October 28, 2026, till forty-eight (48) hours after the declaration of Unaudited Standalone and Consolidated Financial Results (“Financial Results”) of the Company for the quarter and half year ended September 30, 2026. 
Accordingly, all the Designated Persons of the Company and their immediate relatives shall be strictly prohibited to deal in the securities of the Company during the aforesaid period.
Date of the Meeting of the Board of Directors, proposed to be held, inter-alia, to consider and approve the aforesaid Financial Results will be intimated in due course.
This disclosure will also be hosted on the Company’s website at https://www.parashospitals.com/investors.
We request you to kindly take the above information on record.</in-capmkt:PurposeOfTheClosureOfTradingWindow><in-capmkt:DateOfReport contextRef="MainI">2026-10-28</in-capmkt:DateOfReport></xbrli:xbrl>