<?xml version="1.0" encoding="UTF-8"?>
<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2023-05-31/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Prior_Intimation_Of_Board_Meeting/2023-05-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Prior_Intimation_Of_Board_Meeting/2023-05-31/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-capmkt-type="https://www.sebi.gov.in/xbrl/2023-05-31/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-2023-05-31.xsd"/>

<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><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:NSESymbol contextRef="OneI">SAHANA</in-capmkt:NSESymbol>
<in-capmkt:NameOfTheCompany contextRef="OneI">Sahana System Limited</in-capmkt:NameOfTheCompany>
<in-capmkt:ISIN contextRef="OneI">INE0LEX01011</in-capmkt:ISIN>
<in-capmkt:TypeOfMeeting contextRef="OneI">Board Meeting</in-capmkt:TypeOfMeeting>
<in-capmkt:TypeOfIntimation contextRef="OneD">New</in-capmkt:TypeOfIntimation>
<in-capmkt:DateOfProposedMeeting contextRef="OneD">2025-08-30</in-capmkt:DateOfProposedMeeting>
<in-capmkt:WhetherTradingWindowIsClosed contextRef="OneD">Yes</in-capmkt:WhetherTradingWindowIsClosed>
<in-capmkt:DateOfStartOfTradingWindowClosure contextRef="OneI">2025-08-27</in-capmkt:DateOfStartOfTradingWindowClosure>
<in-capmkt:DetailsOfDateOfEndOfTradingWindowClosure contextRef="OneI">2025-09-01</in-capmkt:DetailsOfDateOfEndOfTradingWindowClosure>
<in-capmkt:Agenda1 contextRef="OneD">Other business</in-capmkt:Agenda1>
<in-capmkt:Agenda2 contextRef="OneD">Fund raising</in-capmkt:Agenda2>
<in-capmkt:ModeOfRaisingFunds contextRef="OneD">To be ascertained</in-capmkt:ModeOfRaisingFunds>
<in-capmkt:RemarksWebsiteDissemination contextRef="OneI">1. To deliberate upon and approve the draft Directors' Report along with requisite annexures for the Financial Year ended March 31, 2025. 2. To consider and approve the draft Notice convening the 5th Annual General Meeting (AGM). 3. To determine and finalize the Book Closure and E-voting schedules in connection with the ensuing Annual General Meeting. 4. To consider the appointment of a Scrutinizer to oversee the remote e-voting and e-voting process during the AGM, ensuring a fair and transparent outcome. 5. To deliberate upon, and if deemed expedient, to consider and grant an enabling resolution for a proposal to raise funds through the issuance of various eligible securities, including but not limited to equity shares, convertible preference shares, or other equity-linked instruments. Such issuance may be undertaken via a private placement (including a Qualified Institutional Placement) or any other permissible mode, in compliance with applicable statutory and regulatory provisions, and subject to the requisite approvals of the shareholders. 6. To consider any other matter with the permission of the Chairman.</in-capmkt:RemarksWebsiteDissemination>
</xbrli:xbrl>