<?xml version="1.0" encoding="UTF-8"?>
<!--CIRP V1.0 (10-04-2026)-->
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2023-09-30/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Corporate_Insolvency_Resolution_Process/2023-09-30/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Corporate_Insolvency_Resolution_Process/2023-09-30/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-capmkt-types="https://www.sebi.gov.in/xbrl/2023-09-30/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-2023-09-30.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">OSIAHYPER</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-05-04</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="CorporateInsolvencyResolutionProcessEvent1D"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">OSIAHYPER</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-05-04</xbrli:startDate><xbrli:endDate>2026-05-04</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessEventAxis">in-capmkt:CorporateInsolvencyResolutionProcessEvent1Member</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">OSIAHYPER</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-05-04</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember><xbrldi:typedMember dimension="in-capmkt:FinancialCreditorsAxis"><in-capmkt:FinancialCreditorsDomain>FinancialCreditorsDomain1</in-capmkt:FinancialCreditorsDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="InitiationOfCorporateInsolvencyResolutionProcess_D"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">OSIAHYPER</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-05-04</xbrli:startDate><xbrli:endDate>2026-05-04</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="InitiationOfCorporateInsolvencyResolutionProcess_I"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/NSESymbol">OSIAHYPER</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-05-04</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:CorporateInsolvencyResolutionProcessAxis">in-capmkt:InitiationOfCorporateInsolvencyResolutionProcessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NameOfTheCompany contextRef="MainI">Osia Hyper Retail Limited</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="MainI">OSIAHYPER</in-capmkt:NSESymbol><in-capmkt:ISIN contextRef="MainI">INE06IR01021</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncement contextRef="MainI">New</in-capmkt:TypeOfAnnouncement><in-capmkt:TypeOfCorporateInsolvencyResolutionProcessEvent contextRef="CorporateInsolvencyResolutionProcessEvent1D">Initiation of CIRP pursuant to NCLT order</in-capmkt:TypeOfCorporateInsolvencyResolutionProcessEvent><in-capmkt:DateOfReport contextRef="MainI">2026-05-04</in-capmkt:DateOfReport><in-capmkt:DateOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">2026-04-28</in-capmkt:DateOfNCLTOrder><in-capmkt:WhetherInitiationOfCIRPWasIntimatedToExchange contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">true</in-capmkt:WhetherInitiationOfCIRPWasIntimatedToExchange><in-capmkt:DateOfDisclosure contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">2026-04-29</in-capmkt:DateOfDisclosure><in-capmkt:NameOfTheApplicant contextRef="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1">Aphelion Finance Private Limited</in-capmkt:NameOfTheApplicant><in-capmkt:AmountAllegedToBeInDefault contextRef="I_InitiationOfCorporateInsolvencyResolutionProcess_FinancialCreditors_1" unitRef="INR" decimals="-5">6721285000000</in-capmkt:AmountAllegedToBeInDefault><in-capmkt:WhetherTheCompanyIsInReceiptOfCopyOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">true</in-capmkt:WhetherTheCompanyIsInReceiptOfCopyOfNCLTOrder><in-capmkt:DetailsOfNCLTOrder contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">This is to inform you that an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 was filed by Aphelion Finance Private Limited (Financial Creditor) against Osia Hyper Retail Limited ("Corporate Debtor"/"Company"), before the Hon'ble National Company Law Tribunal, Ahmedabad Bench, Court-II. The Hon'ble NCLT, by virtue of the order dated April 28, 2026, in C.P. (IB)/220(AHM)2025, admitted the Corporate Insolvency Resolution Process ("CIRP") for the Corporate Debtor as per the provisions of the Insolvency and Bankruptcy Code, 2016.

The amount of default is INR 6,72,12,850/- (Rupees Six Crore Seventy-Two Lakh Twelve Thousand Eight Hundred Fifty Only) as on 06.05.2025, with the date of default recorded as 05.10.2024, as per the application filed by the said Financial Creditor. The certified copy of the Order is yet to be received.                                                                         By the said Order dated April 28, 2026, NPV Insolvency Professionals Private Limited (Formerly known as Mantrah Insolvency Professionals Private Limited) – Through its director –Mr. Janak Jagjivan Shah has been appointed as an Interim Resolution Professional ("IRP") under the provisions of the IBC, 2016.</in-capmkt:DetailsOfNCLTOrder><in-capmkt:SalutationOfResolutionProfessional contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">Mr.</in-capmkt:SalutationOfResolutionProfessional><in-capmkt:NameOfResolutionProfessional contextRef="InitiationOfCorporateInsolvencyResolutionProcess_I">NPV Insolvency Professionals Private Limited (Formerly Known as Mantrah Insolvency Professionals Private Limited)
Through its Director - Mr. Janak Jagjivan Shah</in-capmkt:NameOfResolutionProfessional><in-capmkt:AnyOtherDetailsExplanatoryTextBlock contextRef="InitiationOfCorporateInsolvencyResolutionProcess_D">We wish to respectfully bring to the notice of the Exchange that in Paragraph No. 30, clause III of the captioned Order dated 28.04.2026, the name of the IRP has been inadvertently recorded, and the said portion ought to read as "We hereby appoint NPV Insolvency Professionals Private Limited having Registration No. IBBI/IPE-0040/IPA-2/2022-2023/50021, email id: ipe@npvca.in, to act as IRP." An appropriate application seeking rectification of the said inadvertent error is being preferred before the Hon'ble NCLT, Ahmedabad Bench. However, in view of the statutory timelines under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, the present intimation is being submitted without awaiting the rectified order, to ensure timely compliance.</in-capmkt:AnyOtherDetailsExplanatoryTextBlock></xbrli:xbrl>
