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<!--PIT V2.0 (30-04-2026)-->
<xbrli:xbrl xmlns:in-bse-co="http://www.bseindia.com/xbrl/co/2017-09-15/in-bse-co" xmlns:in-bse-co-roles="http://www.bseindia.com/xbrl/co/2017-09-15/in-bse-co-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-bse-co-type="http://www.bseindia.com/xbrl/co/2017-09-15/in-bse-co-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-bse-co-2017-09-15.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="http://www.bseindia.com/bse-cg/ScripCode">543932</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-02</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="Disclosure1"><xbrli:entity><xbrli:identifier scheme="http://www.bseindia.com/bse-cg/ScripCode">543932</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersAxis"><in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersDomain>Disclosure1</in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="Disclosure2"><xbrli:entity><xbrli:identifier scheme="http://www.bseindia.com/bse-cg/ScripCode">543932</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-06-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersAxis"><in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersDomain>Disclosure2</in-bse-co:ChangeInHoldingOfSecuritiesOfPromotersDomain></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="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><in-bse-co:ScripCode contextRef="MainI">543932</in-bse-co:ScripCode><in-bse-co:Symbol contextRef="MainI">IDEAFORGE</in-bse-co:Symbol><in-bse-co:MSEISymbol contextRef="MainI">NA</in-bse-co:MSEISymbol><in-bse-co:NameOfTheCompany contextRef="MainI">IDEAFORGE TECHNOLOGY LIMITED</in-bse-co:NameOfTheCompany><in-bse-co:NameOfTheSignatory contextRef="MainI">Mr. Nilesh Ranjan Jaywant</in-bse-co:NameOfTheSignatory><in-bse-co:DesignationOfSignatory contextRef="MainI">Company Secretary and Compliance Officer</in-bse-co:DesignationOfSignatory><in-bse-co:Place contextRef="MainI">Mumbai</in-bse-co:Place><in-bse-co:DateOfFiling contextRef="MainI">2026-06-02</in-bse-co:DateOfFiling><in-bse-co:ISINCode contextRef="MainI">INE349Y01013</in-bse-co:ISINCode><in-bse-co:DisclosureUnderRegulation contextRef="MainI">Regulation 7 (2)</in-bse-co:DisclosureUnderRegulation><in-bse-co:RevisedFilling contextRef="MainI">false</in-bse-co:RevisedFilling><in-bse-co:TypeOfInstrument contextRef="Disclosure1">Equity</in-bse-co:TypeOfInstrument><in-bse-co:CategoryOfPerson contextRef="Disclosure1">Designated Person</in-bse-co:CategoryOfPerson><in-bse-co:NameOfThePerson contextRef="Disclosure1">Ezhilan Nanmaran</in-bse-co:NameOfThePerson><in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalNumberOfSecurity contextRef="Disclosure1" unitRef="shares" decimals="INF">13136</in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalNumberOfSecurity><in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalPercentageOfShareholding contextRef="Disclosure1" unitRef="pure" decimals="INF">0.0003</in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalPercentageOfShareholding><in-bse-co:SecuritiesAcquiredOrDisposedNumberOfSecurity contextRef="Disclosure1" unitRef="shares" decimals="INF">13136</in-bse-co:SecuritiesAcquiredOrDisposedNumberOfSecurity><in-bse-co:SecuritiesAcquiredOrDisposedValueOfSecurity contextRef="Disclosure1" unitRef="INR" decimals="0">5944806</in-bse-co:SecuritiesAcquiredOrDisposedValueOfSecurity><in-bse-co:SecuritiesAcquiredOrDisposedTransactionType contextRef="Disclosure1">Pledge Revoke</in-bse-co:SecuritiesAcquiredOrDisposedTransactionType><in-bse-co:SecuritiesHeldPostAcquistionOrDisposalNumberOfSecurity contextRef="Disclosure1" unitRef="shares" decimals="INF">13136</in-bse-co:SecuritiesHeldPostAcquistionOrDisposalNumberOfSecurity><in-bse-co:SecuritiesHeldPostAcquistionOrDisposalPercentageOfShareholding contextRef="Disclosure1" unitRef="pure" decimals="INF">0.0003</in-bse-co:SecuritiesHeldPostAcquistionOrDisposalPercentageOfShareholding><in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyFromDate contextRef="Disclosure1">2026-05-29</in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyFromDate><in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyToDate contextRef="Disclosure1">2026-05-29</in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyToDate><in-bse-co:ModeOfAcquisitionOrDisposal contextRef="Disclosure1">Revocation of Pledge</in-bse-co:ModeOfAcquisitionOrDisposal><in-bse-co:DateOfIntimationToCompany contextRef="Disclosure1">2026-05-29</in-bse-co:DateOfIntimationToCompany><in-bse-co:ExchangeOnWhichTheTradeWasExecuted contextRef="Disclosure1">NA</in-bse-co:ExchangeOnWhichTheTradeWasExecuted><in-bse-co:DetailsOfChangeInHoldingOfSecuritiesOfPromotersEmployeeOrDirectorOfAListedCompanyAndOtherSuchPersonsTextBlock contextRef="Disclosure1">The shares of the said designated person have been automatically unpledged  for the following reason:

You currently hold the following shares that are pledged for margin.

IDEAFORGE

The clearing corporation has stopped providing margin against these shares and has removed it from the approved list of securities for margin pledge. Hence, your pledged holdings in these security will be unpledged and released in your demat account on May 29, 2026.

It is to be noted that the designated person himself did not initiate this transaction</in-bse-co:DetailsOfChangeInHoldingOfSecuritiesOfPromotersEmployeeOrDirectorOfAListedCompanyAndOtherSuchPersonsTextBlock><in-bse-co:TypeOfInstrument contextRef="Disclosure2">Equity</in-bse-co:TypeOfInstrument><in-bse-co:CategoryOfPerson contextRef="Disclosure2">Other</in-bse-co:CategoryOfPerson><in-bse-co:NameOfThePerson contextRef="Disclosure2">Mrinal Joshi</in-bse-co:NameOfThePerson><in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalNumberOfSecurity contextRef="Disclosure2" unitRef="shares" decimals="INF">6780</in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalNumberOfSecurity><in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalPercentageOfShareholding contextRef="Disclosure2" unitRef="pure" decimals="INF">0.0002</in-bse-co:SecuritiesHeldPriorToAcquisitionOrDisposalPercentageOfShareholding><in-bse-co:SecuritiesAcquiredOrDisposedNumberOfSecurity contextRef="Disclosure2" unitRef="shares" decimals="INF">3500</in-bse-co:SecuritiesAcquiredOrDisposedNumberOfSecurity><in-bse-co:SecuritiesAcquiredOrDisposedValueOfSecurity contextRef="Disclosure2" unitRef="INR" decimals="0">2999500</in-bse-co:SecuritiesAcquiredOrDisposedValueOfSecurity><in-bse-co:SecuritiesAcquiredOrDisposedTransactionType contextRef="Disclosure2">Sell</in-bse-co:SecuritiesAcquiredOrDisposedTransactionType><in-bse-co:SecuritiesHeldPostAcquistionOrDisposalNumberOfSecurity contextRef="Disclosure2" unitRef="shares" decimals="INF">3280</in-bse-co:SecuritiesHeldPostAcquistionOrDisposalNumberOfSecurity><in-bse-co:SecuritiesHeldPostAcquistionOrDisposalPercentageOfShareholding contextRef="Disclosure2" unitRef="pure" decimals="INF">0.0002</in-bse-co:SecuritiesHeldPostAcquistionOrDisposalPercentageOfShareholding><in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyFromDate contextRef="Disclosure2">2026-05-29</in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyFromDate><in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyToDate contextRef="Disclosure2">2026-05-29</in-bse-co:DateOfAllotmentAdviceOrAcquisitionOfSharesOrSaleOfSharesSpecifyToDate><in-bse-co:ModeOfAcquisitionOrDisposal contextRef="Disclosure2">Market Sale</in-bse-co:ModeOfAcquisitionOrDisposal><in-bse-co:DateOfIntimationToCompany contextRef="Disclosure2">2026-05-29</in-bse-co:DateOfIntimationToCompany><in-bse-co:ExchangeOnWhichTheTradeWasExecuted contextRef="Disclosure2">NSE</in-bse-co:ExchangeOnWhichTheTradeWasExecuted><in-bse-co:DetailsOfChangeInHoldingOfSecuritiesOfPromotersEmployeeOrDirectorOfAListedCompanyAndOtherSuchPersonsTextBlock contextRef="Disclosure2">The Company intimated the Stock Exchanges regarding the closure of the trading window after market hours on May 29, 2026. This closure was initiated pursuant to the prior intimation of the Board Meeting scheduled for June 03, 2026, to consider and approve the proposal for raising funds.

We wish to clarify that Mr. Mrinal Joshi executed the sale of his shares during the opening hours of the market on May 29,2026, which was strictly prior to the Company's announcement and the subsequent closure of the trading window.

Furthermore, Mr. Joshi has submitted a formal declaration confirming that he was not in possession of any Unpublished Price Sensitive Information (UPSI) at the time of executing the aforementioned transaction.

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