<?xml version="1.0" encoding="UTF-8"?>
<!--V1.2 (26-12-2024)-->
<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/Loss_Of_Share_Certificate_And_Issue_Of_Duplicate_Share_Certificate_Or_Letter_Of_Confirmation/2023-06-30/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Loss_Of_Share_Certificate_And_Issue_Of_Duplicate_Share_Certificate_Or_Letter_Of_Confirmation/2023-06-30/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" 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">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity1"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain1</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity2"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain2</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity3"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain3</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity4"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain4</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity5"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain5</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_ShareholdersWhomDuplicateShareCertificateEntity6"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">500878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:ShareholdersWhomDuplicateShareCertificateAxis"><in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain>ShareholdersWhomDuplicateShareCertificateDomain6</in-capmkt:ShareholdersWhomDuplicateShareCertificateDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><in-capmkt:NameOfTheCompany contextRef="MainI">CEAT LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="MainI">CEATLTD</in-capmkt:NSESymbol><in-capmkt:ISIN contextRef="MainI">INE482A01020</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncementForLossOfShareCertificateAndIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="MainI">New</in-capmkt:TypeOfAnnouncementForLossOfShareCertificateAndIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:TypeOfEventForLossOfShareCertificateAndIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="MainI">Issue of duplicate share certificates/Letter of Confirmation</in-capmkt:TypeOfEventForLossOfShareCertificateAndIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:DateOfReport contextRef="MainI">2026-09-02</in-capmkt:DateOfReport><in-capmkt:NumberOfShareholdersToWhomDuplicateShareCertificateOrLetterOfConfirmationHasBeenIssued contextRef="MainI" unitRef="pure" decimals="0">5</in-capmkt:NumberOfShareholdersToWhomDuplicateShareCertificateOrLetterOfConfirmationHasBeenIssued><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">MAHENDRA BHAWARLAL JAIN</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">ZVM0000255</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1" unitRef="shares" decimals="INF">6</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">16591</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">16591</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">46459</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">46459</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">3559062</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity1">3559067</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">HARESH MOHANDAS PATHAI</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">ZVH0001189</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2" unitRef="shares" decimals="INF">35</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">10848</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">10848</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">46462</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">46462</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">3253376</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity2">3253410</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">HARESH MOHANDAS PATHAI</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">ZVH0000672</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3" unitRef="shares" decimals="INF">11</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">10396</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">10396</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">46463</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">46463</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">3238876</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity3">3238886</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">KUMAR SHRI PRAVINSINHJI</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">ZVK0000843</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4" unitRef="shares" decimals="INF">1417</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">13838</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">13838</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">46464</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">46464</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">3346836</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity4">3348252</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">KINNARY MAHENDRA PATEL
 MAHENDRAJIVABHAI PATEL</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">ZVK0001815</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5" unitRef="shares" decimals="INF">150</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">168</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">168</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">46465</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">46465</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">17628</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity5">17777</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">2026-09-01</in-capmkt:DateOfReceiptOfInformationForIssueOfDuplicateShareCertificateOrLetterOfConfirmation><in-capmkt:NameOfShareholders contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">N G S MENON
S JAIDEEP</in-capmkt:NameOfShareholders><in-capmkt:FolioNumber contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">ZVN0000185</in-capmkt:FolioNumber><in-capmkt:NumberOfShares contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6" unitRef="shares" decimals="INF">37</in-capmkt:NumberOfShares><in-capmkt:OldCertificateNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">19449</in-capmkt:OldCertificateNumberStartsFrom><in-capmkt:OldCertificateNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">19449</in-capmkt:OldCertificateNumberEndsWith><in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">46466</in-capmkt:NewCertificateOrLetterOfConfirmationNumberStartsFrom><in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">46466</in-capmkt:NewCertificateOrLetterOfConfirmationNumberEndsWith><in-capmkt:DistinctiveNumberStartsFrom contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">3662848</in-capmkt:DistinctiveNumberStartsFrom><in-capmkt:DistinctiveNumberEndsWith contextRef="I_ShareholdersWhomDuplicateShareCertificateEntity6">3662884</in-capmkt:DistinctiveNumberEndsWith><in-capmkt:NameOfRegistrarAndTransferAgentOfTheCompanyForIssueOfDuplicateShareCertificatesOrLetterOfConfirmation contextRef="MainI">NSDL DATABASE MANAGEMENT LIMITED</in-capmkt:NameOfRegistrarAndTransferAgentOfTheCompanyForIssueOfDuplicateShareCertificatesOrLetterOfConfirmation><in-capmkt:WhetherTheCompanyHasCompliedWithRegulation39AsPerSEBIRegulations2015ForIssueOfDuplicateShareCertificatesOrLetterOfConfirmation contextRef="MainI">true</in-capmkt:WhetherTheCompanyHasCompliedWithRegulation39AsPerSEBIRegulations2015ForIssueOfDuplicateShareCertificatesOrLetterOfConfirmation></xbrli:xbrl>
