<?xml version="1.0" encoding="UTF-8"?>
<!--REG30PARAB V1.0 (01-06-2026)-->
<xbrli:xbrl xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2026-04-30/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/Regulation_30_Para_B_Of_Part_A_Of_Schedule_III/2026-04-30/in-capmkt/in-capmkt-ent" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2026-04-30/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.w3.org/1999/xlink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2026-04-30.xsd"/><xbrli:context id="MainI"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">541302</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-12</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_AdoptionOfNewLinesOfBusiness"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">541302</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-12</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:AdoptionOfNewLinesOfBusinessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">DHRUV</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">DHRUV CONSULTANCY SERVICES LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">541302</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE506Z01015</in-capmkt:ISIN><in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">Arrangement/Adoption of new line/Closure of operations (Sub-para 2-Para B)</in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="I_AdoptionOfNewLinesOfBusiness">Adoption of new line(s) of business</in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">New</in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting contextRef="MainI">true</in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting><in-capmkt:DateOfBoardMeeting contextRef="MainI">2026-10-12</in-capmkt:DateOfBoardMeeting><in-capmkt:StartTimeOfTheMeeting contextRef="MainI">11:30:00</in-capmkt:StartTimeOfTheMeeting><in-capmkt:EndTimeOfTheMeeting contextRef="MainI">14:20:00</in-capmkt:EndTimeOfTheMeeting><in-capmkt:DateOfReport contextRef="MainI">2026-10-12</in-capmkt:DateOfReport><in-capmkt:IndustryOrAreaAndDetailsOfNewLineOfBusiness contextRef="MainI">Name of the proposed entity under incorporation are 
‘Valsang Drivehub Private Limited’,
Latur Drivehub Private Limited’ or ‘Latur Waysides Amenities Private Limited,’ ‘Hottalwadi Drivehub Private limited’
subject to approval of the respective names by the Ministry of Corporate Affairs.
Date of Incorporation: NA, as the entity is yet to be incorporated.  
Country of Incorporation: Proposed to be Incorporated in India.The proposed entity, upon incorporation, will become a Subsidiary of Dhruv Consultancy Services Limited (“DHRUV”) and consequently a related party in terms of applicable regulations, with the Company holding a majority stake in the said entity. Companies will be under Infrastructure Segment. the basic area of the operations shall be covering the Development, Operations and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra.</in-capmkt:IndustryOrAreaAndDetailsOfNewLineOfBusiness><in-capmkt:ExpectedBenefitsFromNewLineOfBusiness contextRef="MainI">basic area of the operations shall be covering the Development, Operations and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra.The investment is aligned with the Company's strategy to expand and diversify its business portfolio in the infrastructure sector.
Since the company is newly incorporated, it has not commenced commercial operations and therefore has no turnover for the last three financial years.</in-capmkt:ExpectedBenefitsFromNewLineOfBusiness><in-capmkt:EstimatedAmountToBeInvestedInNewLineOfBusiness contextRef="MainI" unitRef="INR" decimals="0">7480000</in-capmkt:EstimatedAmountToBeInvestedInNewLineOfBusiness></xbrli:xbrl>
