<?xml version="1.0" encoding="UTF-8" standalone="no"?><!--IFIndAs V2.1 (26-06-2026)--><xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2026-01-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/in-capmkt-roles" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2026-01-31/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 xlink:href="in-capmkt-ent-2026-01-31.xsd" xlink:type="simple"/><xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-01</xbrli:startDate><xbrli:endDate>2026-06-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="OneI"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="OneExpenses1D"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-01</xbrli:startDate><xbrli:endDate>2026-06-30</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:DetailsOfOtherExpensesAxis">in-capmkt:OtherExpenses1Member</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementStatic1I"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementStatic1D"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-01</xbrli:startDate><xbrli:endDate>2026-06-30</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementStatic2I"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement2</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementStatic2D"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-01</xbrli:startDate><xbrli:endDate>2026-06-30</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement2</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic1I1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic1I1</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic1I2"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic1I2</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic1I3"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic1I3</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic1I4"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic1I4</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement1</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic2I1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic2I1</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement2</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic2I2"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic2I2</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement2</in-capmkt:StatementOfDeviationDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="StatementDynamic2I3"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">534809</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ObjectAxis"><in-capmkt:ObjectDomain>StatementDynamic2I3</in-capmkt:ObjectDomain></xbrldi:typedMember><xbrldi:typedMember dimension="in-capmkt:StatementOfDeviationAxis"><in-capmkt:StatementOfDeviationDomain>Statement2</in-capmkt:StatementOfDeviationDomain></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="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:ScripCode contextRef="OneD">534809</in-capmkt:ScripCode><in-capmkt:Symbol contextRef="OneD">PCJEWELLER</in-capmkt:Symbol><in-capmkt:MSEISymbol contextRef="OneD">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="OneD">INE785M01021</in-capmkt:ISIN><in-capmkt:NameOfTheCompany contextRef="OneD">PC Jeweller Limited</in-capmkt:NameOfTheCompany><in-capmkt:TypeOfCompany contextRef="OneD">Main Board</in-capmkt:TypeOfCompany><in-capmkt:ClassOfSecurity contextRef="OneD">Equity</in-capmkt:ClassOfSecurity><in-capmkt:DateOfStartOfFinancialYear contextRef="OneD">2026-04-01</in-capmkt:DateOfStartOfFinancialYear><in-capmkt:DateOfEndOfFinancialYear contextRef="OneD">2027-03-31</in-capmkt:DateOfEndOfFinancialYear><in-capmkt:DateOfBoardMeetingWhenFinancialResultsWereApproved contextRef="OneD">2026-08-10</in-capmkt:DateOfBoardMeetingWhenFinancialResultsWereApproved><in-capmkt:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange contextRef="OneD">2026-08-01</in-capmkt:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange><in-capmkt:DescriptionOfPresentationCurrency contextRef="OneD">INR</in-capmkt:DescriptionOfPresentationCurrency><in-capmkt:LevelOfRounding contextRef="OneD">Crores</in-capmkt:LevelOfRounding><in-capmkt:TypeOfReportingPeriod contextRef="OneD">Quarterly</in-capmkt:TypeOfReportingPeriod><in-capmkt:ReportingQuarter contextRef="OneD">First quarter</in-capmkt:ReportingQuarter><in-capmkt:IsCompanyReportingMultisegmentOrSingleSegment contextRef="OneD">Single segment</in-capmkt:IsCompanyReportingMultisegmentOrSingleSegment><in-capmkt:DescriptionOfSingleSegment contextRef="OneD">Jewellery</in-capmkt:DescriptionOfSingleSegment><in-capmkt:DateOfStartOfBoardMeeting contextRef="OneD">2026-08-10</in-capmkt:DateOfStartOfBoardMeeting><in-capmkt:StartTimeOfBoardMeeting contextRef="OneD">17:00:00</in-capmkt:StartTimeOfBoardMeeting><in-capmkt:DateOfEndOfBoardMeeting contextRef="OneD">2026-08-10</in-capmkt:DateOfEndOfBoardMeeting><in-capmkt:EndTimeOfBoardMeeting contextRef="OneD">18:05:00</in-capmkt:EndTimeOfBoardMeeting><in-capmkt:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification contextRef="OneD">Not applicable</in-capmkt:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification><in-capmkt:WhetherStatementOnDeviationOrVariationForProceedsOfPublicIssueOrRightIssueOrPreferentialIssueOrQIPEtcIsApplicableToTheCompanyForTheCurrentQuarter contextRef="OneD">true</in-capmkt:WhetherStatementOnDeviationOrVariationForProceedsOfPublicIssueOrRightIssueOrPreferentialIssueOrQIPEtcIsApplicableToTheCompanyForTheCurrentQuarter><in-capmkt:NumberOfStatementsOfDeviationForTheCurrentQuarter contextRef="OneD" decimals="0" unitRef="pure">2</in-capmkt:NumberOfStatementsOfDeviationForTheCurrentQuarter><in-capmkt:WhetherTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesIsApplicableToTheEntity contextRef="OneD">false</in-capmkt:WhetherTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesIsApplicableToTheEntity><in-capmkt:NoteForNonApplicabilityOfTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesToTheEntity contextRef="OneD">NA</in-capmkt:NoteForNonApplicabilityOfTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesToTheEntity><in-capmkt:DateOfStartOfReportingPeriod contextRef="OneD">2026-04-01</in-capmkt:DateOfStartOfReportingPeriod><in-capmkt:DateOfEndOfReportingPeriod contextRef="OneD">2026-06-30</in-capmkt:DateOfEndOfReportingPeriod><in-capmkt:WhetherResultsAreAuditedOrUnaudited contextRef="OneD">Unaudited</in-capmkt:WhetherResultsAreAuditedOrUnaudited><in-capmkt:NatureOfReportStandaloneConsolidated contextRef="OneD">Standalone</in-capmkt:NatureOfReportStandaloneConsolidated><in-capmkt:RevenueFromOperations contextRef="OneD" decimals="-5" unitRef="INR">8038200000</in-capmkt:RevenueFromOperations><in-capmkt:OtherIncome contextRef="OneD" decimals="-5" unitRef="INR">23300000</in-capmkt:OtherIncome><in-capmkt:Income contextRef="OneD" decimals="-5" unitRef="INR">8061500000</in-capmkt:Income><in-capmkt:CostOfMaterialsConsumed contextRef="OneD" decimals="-5" unitRef="INR">7409500000</in-capmkt:CostOfMaterialsConsumed><in-capmkt:PurchasesOfStockInTrade contextRef="OneD" decimals="-5" unitRef="INR">1355900000</in-capmkt:PurchasesOfStockInTrade><in-capmkt:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade contextRef="OneD" decimals="-5" unitRef="INR">-2778800000</in-capmkt:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade><in-capmkt:EmployeeBenefitExpense contextRef="OneD" decimals="-7" unitRef="INR">70000000</in-capmkt:EmployeeBenefitExpense><in-capmkt:FinanceCosts contextRef="OneD" decimals="-5" unitRef="INR">135200000</in-capmkt:FinanceCosts><in-capmkt:DepreciationDepletionAndAmortisationExpense contextRef="OneD" decimals="-5" unitRef="INR">53400000</in-capmkt:DepreciationDepletionAndAmortisationExpense><in-capmkt:OtherExpenses contextRef="OneD" decimals="-5" unitRef="INR">105600000</in-capmkt:OtherExpenses><in-capmkt:Expenses contextRef="OneD" decimals="-5" unitRef="INR">6350800000</in-capmkt:Expenses><in-capmkt:ProfitBeforeExceptionalItemsAndTax contextRef="OneD" decimals="-5" unitRef="INR">1710700000</in-capmkt:ProfitBeforeExceptionalItemsAndTax><in-capmkt:ExceptionalItemsBeforeTax contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:ExceptionalItemsBeforeTax><in-capmkt:ProfitBeforeTax contextRef="OneD" decimals="-5" unitRef="INR">1710700000</in-capmkt:ProfitBeforeTax><in-capmkt:CurrentTax contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:CurrentTax><in-capmkt:DeferredTax contextRef="OneD" decimals="-5" unitRef="INR">-200000</in-capmkt:DeferredTax><in-capmkt:TaxExpense contextRef="OneD" decimals="-5" unitRef="INR">-200000</in-capmkt:TaxExpense><in-capmkt:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement><in-capmkt:ProfitLossForPeriodFromContinuingOperations contextRef="OneD" decimals="-5" unitRef="INR">1710900000</in-capmkt:ProfitLossForPeriodFromContinuingOperations><in-capmkt:ProfitLossFromDiscontinuedOperationsBeforeTax contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:ProfitLossFromDiscontinuedOperationsBeforeTax><in-capmkt:TaxExpenseOfDiscontinuedOperations contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:TaxExpenseOfDiscontinuedOperations><in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax><in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod><in-capmkt:ProfitLossForPeriod contextRef="OneD" decimals="-5" unitRef="INR">1710900000</in-capmkt:ProfitLossForPeriod><in-capmkt:OtherComprehensiveIncomeNetOfTaxes contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:OtherComprehensiveIncomeNetOfTaxes><in-capmkt:ComprehensiveIncomeForThePeriod contextRef="OneD" decimals="-5" unitRef="INR">1710900000</in-capmkt:ComprehensiveIncomeForThePeriod><in-capmkt:PaidUpValueOfEquityShareCapital contextRef="OneD" decimals="-5" unitRef="INR">9710500000</in-capmkt:PaidUpValueOfEquityShareCapital><in-capmkt:FaceValueOfEquityShareCapital contextRef="OneD" decimals="INF" unitRef="INRPerShare">1</in-capmkt:FaceValueOfEquityShareCapital><in-capmkt:BasicEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0.18</in-capmkt:BasicEarningsLossPerShareFromContinuingOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0.18</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">0.18</in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0.18</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">For notes to the financial results, please refer results PDF file already submitted with the exchange on 10.08.2026.</in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock><in-capmkt:DescriptionOfOtherExpenses contextRef="OneExpenses1D">Other Expenses</in-capmkt:DescriptionOfOtherExpenses><in-capmkt:OtherExpenses contextRef="OneExpenses1D" decimals="-5" unitRef="INR">105600000</in-capmkt:OtherExpenses><in-capmkt:IncomeTaxRelatingToItemsThatWillNotBeReclassifiedToProfitOrLoss contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:IncomeTaxRelatingToItemsThatWillNotBeReclassifiedToProfitOrLoss><in-capmkt:IncomeTaxRelatingToItemsThatWillBeReclassifiedToProfitOrLoss contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:IncomeTaxRelatingToItemsThatWillBeReclassifiedToProfitOrLoss><in-capmkt:OtherComprehensiveIncome contextRef="OneD" decimals="-7" unitRef="INR">0</in-capmkt:OtherComprehensiveIncome><in-capmkt:ModeOfFundRaising contextRef="StatementStatic1I">Preferential Issues</in-capmkt:ModeOfFundRaising><in-capmkt:DateOfFundsRaising contextRef="StatementStatic1I">2026-04-10</in-capmkt:DateOfFundsRaising><in-capmkt:AmountRaised contextRef="StatementStatic1I" decimals="-6" unitRef="INR">4476000000</in-capmkt:AmountRaised><in-capmkt:DateOfEndOfReportingPeriod contextRef="StatementStatic1D">2026-06-30</in-capmkt:DateOfEndOfReportingPeriod><in-capmkt:MonitoringAgency contextRef="StatementStatic1D">true</in-capmkt:MonitoringAgency><in-capmkt:NameOfMonitoringAgency contextRef="StatementStatic1I">CARE Ratings Limited</in-capmkt:NameOfMonitoringAgency><in-capmkt:IsThereADeviationOrVariationInUseOfFundsRaised contextRef="StatementStatic1D">false</in-capmkt:IsThereADeviationOrVariationInUseOfFundsRaised><in-capmkt:ExplanationForTheDeviationOrVariation contextRef="StatementStatic1I">Not Applicable</in-capmkt:ExplanationForTheDeviationOrVariation><in-capmkt:CommentsOfTheAuditCommitteeAfterReview contextRef="StatementStatic1I">None</in-capmkt:CommentsOfTheAuditCommitteeAfterReview><in-capmkt:CommentsOfTheAuditors contextRef="StatementStatic1I">None</in-capmkt:CommentsOfTheAuditors><in-capmkt:NameOfSignatoryOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised contextRef="OneD">Vishan Deo</in-capmkt:NameOfSignatoryOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised><in-capmkt:DesignationOfPersonOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised contextRef="OneD">Chief Financial Officer</in-capmkt:DesignationOfPersonOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised><in-capmkt:PlaceOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised contextRef="OneD">Delhi</in-capmkt:PlaceOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised><in-capmkt:DateOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised contextRef="OneI">2026-08-10</in-capmkt:DateOfStatementOfDeviationOrVariationInUtilisationOfFundsRaised><in-capmkt:ModeOfFundRaising contextRef="StatementStatic2I">Preferential Issues</in-capmkt:ModeOfFundRaising><in-capmkt:DateOfFundsRaising contextRef="StatementStatic2I">2025-09-18</in-capmkt:DateOfFundsRaising><in-capmkt:AmountRaised contextRef="StatementStatic2I" decimals="-5" unitRef="INR">3687500000</in-capmkt:AmountRaised><in-capmkt:DateOfEndOfReportingPeriod contextRef="StatementStatic2D">2026-06-30</in-capmkt:DateOfEndOfReportingPeriod><in-capmkt:MonitoringAgency contextRef="StatementStatic2D">true</in-capmkt:MonitoringAgency><in-capmkt:NameOfMonitoringAgency contextRef="StatementStatic2I">CARE Ratings Limited</in-capmkt:NameOfMonitoringAgency><in-capmkt:IsThereADeviationOrVariationInUseOfFundsRaised contextRef="StatementStatic2D">false</in-capmkt:IsThereADeviationOrVariationInUseOfFundsRaised><in-capmkt:ExplanationForTheDeviationOrVariation contextRef="StatementStatic2I">Not Applicable</in-capmkt:ExplanationForTheDeviationOrVariation><in-capmkt:CommentsOfTheAuditCommitteeAfterReview contextRef="StatementStatic2I">None</in-capmkt:CommentsOfTheAuditCommitteeAfterReview><in-capmkt:CommentsOfTheAuditors contextRef="StatementStatic2I">None</in-capmkt:CommentsOfTheAuditors><in-capmkt:OriginalObject contextRef="StatementDynamic1I1">Repayment of Banker’s Outstanding Debts</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic1I1">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic1I1" decimals="-7" unitRef="INR">20250000000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic1I1" decimals="-5" unitRef="INR">19548400000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic1I1" decimals="-5" unitRef="INR">17656200000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic1I1" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:DisclosureNotesOnObjectsForWhichFundsHaveBeenRaisedAndWhereThereHasBeenADeviation contextRef="StatementDynamic1I1">Notes: 1) Pursuant to the shareholders’ approval dated August 08, 2024 and In-Principle Approvals of BSE Limited and National Stock Exchange of India Limited dated September 27, 2024, the Company allotted total 48,08,02,500 Fully Convertible Warrants (“Warrants”) in two tranches (11,50,00,000 Warrants on September 30, 2024 and 36,58,02,500 Warrants on October 11, 2024) to the persons belonging to ‘Promoter Group and Non-Promoter, Public Category’, on receipt of 25% of the Issue Price of Rs.56.20 per Warrant. &lt;br /&gt; 
 &lt;br /&gt; 
Subsequently, the Company allotted total 329,68,94,040 (adjusted number pursuant to sub-division / split of face value of equity shares from Rs. 10/- each to Rs. 1/- each) equity shares in a total of 18 tranches upon conversion of 32,96,89,404 Warrants till the quarter ended March 31, 2026. During the quarter ended June 30, 2026, the Company further allotted 106,19,31,680 (adjusted number pursuant to sub-division / split of face value of equity shares from Rs. 10/- each to Rs. 1/- each) equity shares on April 10, 2026 upon conversion of 10,61,93,168 Warrants on receipt of balance 75% of the issue price per Warrant aggregating to Rs.447.60 crore. &lt;br /&gt; 
 &lt;br /&gt; 
With this last conversion dated April 10, 2026, out of the total 48,08,02,500 Warrants allotted, the conversion of 43,58,82,572 Warrants was successfully completed and the balance 4,49,19,928 Warrants lapsed upon expiry of their tenure. &lt;br /&gt; 
 &lt;br /&gt; 
2) The date of allotment of equity shares upon conversion of Warrants during the quarter, as mentioned in Note 1, has been taken as the date of raising funds. &lt;br /&gt; 
 &lt;br /&gt; 
3) Modification in allocated amount was due to under subscription of preferential issue of Warrants. The Company later adjusted the modified allocation amount towards the intended objects within the permissible variation range of ±10% through Board approval in terms of BSE Notice No. 20221213-47 dated December 13, 2022 and NSE Circular No. NSE/CML/2022/56 dated December 13, 2022 and the approval of shareholders dated August 08, 2024. However, the total of Modified Allocation, if any, and Adjusted Revised Allocation remain the same. The amount mentioned in the Column Modified Allocation, if any, in this report is the latest adjusted revised allocation amount.  &lt;br /&gt; 
 &lt;br /&gt; 
4) Funds utilized represents the total amount utilized till June 30, 2026 including the amount utilized during the previous quarters. &lt;br /&gt; 
 &lt;br /&gt; 
5) During the quarter ended June 30, 2026 the Company received Rs.447.60 crore upon conversion of Warrants and utilized Rs.522.93 crore including Rs.75.33 crore lying unutilized in Monitoring Account at the beginning of the quarter. During the quarter, the Company fully utilized the entire proceeds received from this issue.</in-capmkt:DisclosureNotesOnObjectsForWhichFundsHaveBeenRaisedAndWhereThereHasBeenADeviation><in-capmkt:OriginalObject contextRef="StatementDynamic1I2">Working Capital Requirement</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic1I2">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic1I2" decimals="-5" unitRef="INR">5296900000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic1I2" decimals="-5" unitRef="INR">5820100000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic1I2" decimals="-5" unitRef="INR">5820100000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic1I2" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:OriginalObject contextRef="StatementDynamic1I3">General Corporate Purposes</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic1I3">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic1I3" decimals="-7" unitRef="INR">1500000000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic1I3" decimals="-5" unitRef="INR">1648100000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic1I3" decimals="-6" unitRef="INR">1647000000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic1I3" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:OriginalObject contextRef="StatementDynamic1I4">Issue Related Expenses</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic1I4">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic1I4" decimals="-5" unitRef="INR">4500000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic1I4" decimals="-5" unitRef="INR">4500000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic1I4" decimals="-5" unitRef="INR">4500000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic1I4" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:OriginalObject contextRef="StatementDynamic2I1">Repayment of Banker’s Outstanding Debts including interest thereon</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic2I1">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic2I1" decimals="-5" unitRef="INR">4342700000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic2I1" decimals="-5" unitRef="INR">4342700000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic2I1" decimals="-5" unitRef="INR">3035200000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic2I1" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:DisclosureNotesOnObjectsForWhichFundsHaveBeenRaisedAndWhereThereHasBeenADeviation contextRef="StatementDynamic2I1">Notes: 1) Pursuant to the shareholders’ approval dated August 10, 2025 and the In-Principle Approvals of BSE Limited and National Stock Exchange of India Limited dated September 09, 2025, the Company on September 18, 2025 allotted 9,72,22,222 Fully Convertible Warrants (“Warrants”) on receipt of 25% of the issue price of Rs.18/- per Warrant to the ‘Promoter’ and 18,05,55,555 equity shares on receipt of the issue price of Rs.18/- per share to an entity belonging to ‘Non-Promoter, Public Category’. During the quarter ended June 30, 2026, no funds were raised pursuant to these issues. However, for providing details of funds utilized during the quarter this tab is inserted. Further, the last date of raising funds and the total amount raised till that date has been mentioned as the amount raised. &lt;br /&gt; 
 &lt;br /&gt; 
2) Funds utilized represents the total amount utilized till June 30, 2026 including the amount utilized during the previous quarters. &lt;br /&gt; 
 &lt;br /&gt; 
3) During the quarter ended June 30, 2026 the Company has not received any funds. Also, no funds were utilized during the quarter. At the end of the quarter Rs.0.01 crore remained unutilized in Monitoring Account.</in-capmkt:DisclosureNotesOnObjectsForWhichFundsHaveBeenRaisedAndWhereThereHasBeenADeviation><in-capmkt:OriginalObject contextRef="StatementDynamic2I2">Working Capital Requirement</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic2I2">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic2I2" decimals="-5" unitRef="INR">653300000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic2I2" decimals="-5" unitRef="INR">653300000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic2I2" decimals="-5" unitRef="INR">652200000</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic2I2" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject><in-capmkt:OriginalObject contextRef="StatementDynamic2I3">Issue Related Expenses</in-capmkt:OriginalObject><in-capmkt:ModifiedObject contextRef="StatementDynamic2I3">NA</in-capmkt:ModifiedObject><in-capmkt:OriginalAllocation contextRef="StatementDynamic2I3" decimals="-6" unitRef="INR">4000000</in-capmkt:OriginalAllocation><in-capmkt:ModifiedAllocation contextRef="StatementDynamic2I3" decimals="-6" unitRef="INR">4000000</in-capmkt:ModifiedAllocation><in-capmkt:FundsUtilised contextRef="StatementDynamic2I3" decimals="-7" unitRef="INR">0</in-capmkt:FundsUtilised><in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject contextRef="StatementDynamic2I3" decimals="-7" unitRef="INR">0</in-capmkt:AmountOfDeviationOrVariationForTheQuarterAccordingToApplicableObject></xbrli:xbrl>