<?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 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unitRef="INR">176000000</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">3.06</in-capmkt:BasicEarningsLossPerShareFromContinuingOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">3.06</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">3.06</in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">3.06</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DebtEquityRatio contextRef="OneD" decimals="INF" unitRef="pure">0.0023</in-capmkt:DebtEquityRatio><in-capmkt:DebtServiceCoverageRatio contextRef="OneD" decimals="INF" unitRef="pure">0.0606</in-capmkt:DebtServiceCoverageRatio><in-capmkt:InterestServiceCoverageRatio contextRef="OneD" decimals="INF" unitRef="pure">0.0779</in-capmkt:InterestServiceCoverageRatio><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes :				 &lt;br /&gt; 
1) The above consolidated results have been prepared in accordance with Indian Accounting Standard ('Ind AS') notified under Section 133 of the Companies Act, 2013 read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended).				 &lt;br /&gt; 
2) The consolidated financial statements of the Company for the quarter ended 30th June, 2026 include total income of Rs. 330.96  millions of  M/s Dolat Tradecorp.				 &lt;br /&gt; 
3) The above results for the quarter ended 30th June, 2026 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 14/08/2026 and have undergone "Limited Review" by the Statutory Auditors of the Company.				 &lt;br /&gt; 
4) The parent company and its subsidiary is engaged primarily in the business of trading in shares and securities and there are no separate reportable segments as per Indian Accounting Standards (Ind AS) - 108 dealing with segment reporting.				 &lt;br /&gt; 
5) The results for the quarter ended June 30, 2026 are available on the BSE Limited website (URL:www.bseindia.com), The National Stock Exchange of India Ltd. website (URL:www.nseindia.com) and the company's website (URL: www.dolatalgotech.in).				 &lt;br /&gt; 
6) Previous period figures have been regrouped /rearranged wherever considered necessary.				 &lt;br /&gt; 
 &lt;br /&gt; 
Additional disclosures as per Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirement) Regulations, 2015 for the quarter ended 30th June, 2026 (based on Consolidated financial results).				 &lt;br /&gt; 
				 &lt;br /&gt; 
Key financial information				 &lt;br /&gt; 
PARTICULARS	 Quarter Ended 			 Year Ended  &lt;br /&gt; 
	 30.06.2026 	 31.03.2026 	 30.06.2025 	 31.03.2026  &lt;br /&gt; 
	 Unaudited 	 Audited 	 Unaudited 	 Audited  &lt;br /&gt; 
				 &lt;br /&gt; 
1) Debt-Equity Ratio (in times)	 0.23 	 0.25 	 0.43 	 0.25  &lt;br /&gt; 
2) Debt Service Coverage Ratio (in times) (not annualised)	 6.06 	 5.28 	 4.82 	 4.05  &lt;br /&gt; 
3) Interest Service Coverage Ratio (in times)(not annualised)	 7.79 	 6.81 	 6.31 	 5.21  &lt;br /&gt; 
4) Debenture Redemption Reserve ('Rupees in Million)	 -   	 -   	 -   	 -    &lt;br /&gt; 
5) Capital Redemption Reserve ('Rupees in Million)	 -   	 -   	 -   	 -    &lt;br /&gt; 
6) Current Ratio (in times)•	 2.31 	 1.68 	 2.10 	 1.68  &lt;br /&gt; 
7)Long term debt to working capital Ratio (in times)*	 -   	 -   	 -   	 -    &lt;br /&gt; 
8) Bad debts to Account receivable Ratio (in times)•	 NA 	 NA 	 NA 	 NA  &lt;br /&gt; 
9) Current liability Ratio (in times)•	 0.99 	 0.99 	 1.00 	 0.99  &lt;br /&gt; 
10) Total debts to total assets Ratio (in times)•	 0.18 	 0.18 	 0.29 	 0.18  &lt;br /&gt; 
11) Debtors Turnover Ratio (in times)•	 NA 	 NA 	 NA 	 NA  &lt;br /&gt; 
12) Inventory Turnover Ratio (in times)•	 NA 	 NA 	 NA 	 NA  &lt;br /&gt; 
13) Operating-Profit Margin (%)*	 60.33 	 60.69 	 59.37 	 56.41  &lt;br /&gt; 
14) Nct Profit Margin (%)*	 38.37 	 37.19 	 35.20 	 32.05  &lt;br /&gt; 
15) Nct Worth [Total Equity) ('Rupees in Million)	 11,841.41 	 11,303.23 	 10,419.76 	 11,303.23  &lt;br /&gt; 
				 &lt;br /&gt; 
Formulae for computation of ratios are as follows;				 &lt;br /&gt; 
a) Debt-Equity Ratio (in times)	 Total Debt/ Total Equity 			 &lt;br /&gt; 
b) Debt Service Coverage Ratio (in times)	 Income available for debt service = (Operating Cash Profit + Interest Expenses)/Interest Expenses 			 &lt;br /&gt; 
				 &lt;br /&gt; 
c) Interest Service Coverage Ratio (in times)•	 Profit before interest and tax/Interest expenses 			 &lt;br /&gt; 
d) Current Ratio (in times)•	 Current assets / Current Liabilities 			 &lt;br /&gt; 
e) Long term debt to working capital Ratio (in times)*	 Non current borrowings/working capital(WC), where WC = Current Assets - Current Liabilities  			 &lt;br /&gt; 
				 &lt;br /&gt; 
f) Bad debts to Account receivable Ratio (in times)•	 Bad Debt written off / Avergate Trade Receivable 			 &lt;br /&gt; 
g) Current liability Ratio (in times)•	 Current Liabilities / Total Liabilities 			 &lt;br /&gt; 
h) Total debts to total assets Ratio (in times)•	 Total Debt / Total Assets 			 &lt;br /&gt; 
i) Debtors Turnover Ratio (in times)•	 (Revenue from operation + Other operating income)/Average trade Receivable 			 &lt;br /&gt; 
				 &lt;br /&gt; 
j) Operating-Profit Margin (%)*	 (EBITDA-Depreciation)/(Revenue from operation + Other operatng income) 			 &lt;br /&gt; 
				 &lt;br /&gt; 
k) Nct Profit Margin (%)*	 Net profit after tax/(Revenue from operation + Other operatng income) 			 &lt;br /&gt; 
 &lt;br /&gt; 
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