<?xml version="1.0" encoding="UTF-8" standalone="no"?><!--IFFIndAs--><xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2025-01-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2025-01-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2025-01-31/in-capmkt-roles" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2025-01-31/in-capmkt-types" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink"><link:schemaRef 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unitRef="INR">0</in-capmkt:TaxExpenseOfDiscontinuedOperations><in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax contextRef="OneD" decimals="-5" unitRef="INR">0</in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax><in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="OneD" decimals="-5" unitRef="INR">0</in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod><in-capmkt:ProfitLossForPeriod contextRef="OneD" decimals="-3" unitRef="INR">-189604000</in-capmkt:ProfitLossForPeriod><in-capmkt:OtherComprehensiveIncomeNetOfTaxes contextRef="OneD" decimals="-5" unitRef="INR">0</in-capmkt:OtherComprehensiveIncomeNetOfTaxes><in-capmkt:ComprehensiveIncomeForThePeriod contextRef="OneD" decimals="-3" unitRef="INR">-189604000</in-capmkt:ComprehensiveIncomeForThePeriod><in-capmkt:PaidUpValueOfEquityShareCapital contextRef="OneD" decimals="-3" unitRef="INR">172249000</in-capmkt:PaidUpValueOfEquityShareCapital><in-capmkt:FaceValueOfEquityShareCapital contextRef="OneD" decimals="INF" unitRef="INRPerShare">10</in-capmkt:FaceValueOfEquityShareCapital><in-capmkt:BasicEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">-11.01</in-capmkt:BasicEarningsLossPerShareFromContinuingOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">-11.01</in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations><in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0</in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0</in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations><in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">-11.01</in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">-11.01</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">NOTES &lt;BR&gt; 
 &lt;BR&gt; 
1 The above results for the quarter ended 30th June 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on July 25 2025 &lt;BR&gt; 
 &lt;BR&gt; 
2 Effective from 1st April 2018 the company has adopted IND AS 115  Revenue from contract with customers Based on the assessment done by the management there is no material impact on revenue recognized during the quarter ended June 30 2024 &lt;BR&gt; 
 &lt;BR&gt; 
3 The Company was primarily engaged in the business of manufacturing and sale of Cement All other activities of the Company revolve around the main business and accordingly there are no separate reportable segments as per the Indian Accounting Standard on Operating Segment Ind As 108 specified under Section 133 of the Companies Act 2013 read with the relevant rules issued there under and the other accounting principles generally accepted in India &lt;BR&gt; 
 &lt;BR&gt; 
4 During the quarter ended June 30 2025 the company has no revenue as Ms UV Asset Reconstruction Company Limited UVARCL by exercising their powers conferred to them under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest Enforcement Rules 2002 had by an auction process sold the entire immoveable and moveable operational assets of the Company situated at Patratu to Ms Ultratech Cement Limited on November 29 2023 &lt;BR&gt; 
 &lt;BR&gt; 
5 During the quarter ended June 30 2025 the Company has incurred a loss of Rs 1896 lakhs The major amount of loss includes Finance cost of Rs 1816 Lakh  The management is hopeful of improving the performance of the company by exploring various avenues of enhancing revenue &lt;BR&gt; 
 &lt;BR&gt; 
6 Total issued and paid up Equity Share Capital of the company reduced vide order No C P NO 1065KB2020 of NCLT dated 30th day of Oct 2024 from Rs 861243630 divided into 86124363 Equity Shares of Rs 10 each fully paidup to Rs 172248730 divided into 17224873 Equity Shares of Rs 10 each fully paidup The Company also received the Certificate of Registration of Order Confirming Reduction of Capital dated 13 01 2025 from Registrar of Companies Ministry of Corporate Affairs &lt;BR&gt; 
 &lt;BR&gt; 
7 The companys management has assessed the companys ability to continue as a going concern and has concluded that it is not reasonably likely to meet its obligations in the normal course of business over the next 12 months as Company do not have any functional production unit at present However The management is hopeful in  Exploring opportunities for mergers acquisitions or other strategic transactions to make it Going Concern &lt;BR&gt; 
 &lt;BR&gt; 
8 The figures for the previous periods have been regrouped reclassified restated wherever necessary in order to make them comparable with figures for the quarter ended June 30 2025 &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
</in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock><in-capmkt:DescriptionOfOtherExpenses contextRef="OneExpenses1D">Other Expenditures</in-capmkt:DescriptionOfOtherExpenses><in-capmkt:OtherExpenses contextRef="OneExpenses1D" decimals="-3" unitRef="INR">4694000</in-capmkt:OtherExpenses></xbrli:xbrl>