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<!--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/NSESymbol">FROG</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-09</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_ArrangementsForStrategicOrTechnicalOrManufacturingOrMarketingTieUp"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/NSESymbol">FROG</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-09</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:ArrangementsForStrategicOrTechnicalOrManufacturingOrMarketingTieUpMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">FROG</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">FROG INNOVATIONS LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">000000</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE385O01018</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_ArrangementsForStrategicOrTechnicalOrManufacturingOrMarketingTieUp">Arrangements for strategic, technical, manufacturing, or marketing tie up</in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">New</in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting contextRef="MainI">false</in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting><in-capmkt:DateOfOccurrenceOfEventOrInformation contextRef="MainI">2026-10-08</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">18:00:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-10-09</in-capmkt:DateOfReport><in-capmkt:TypeOfArrangement contextRef="MainI">Agreement</in-capmkt:TypeOfArrangement><in-capmkt:NameOfEntitiesWithWhomAgreementOrJointVentureIsSigned contextRef="MainI">Ligowave Networks Inc., a company incorporated under the laws of the United States of America, having its principal office at 1710 Cumberland Point Drive, Suite 1, Marietta, Georgia 30067, USA</in-capmkt:NameOfEntitiesWithWhomAgreementOrJointVentureIsSigned><in-capmkt:AreaOfAgreementOrJointVenture contextRef="MainI">Technology licensing, manufacturing, marketing, distribution, installation and technical support of Unlicensed Band Radio (UBR) products for Point-to-Point (PTP) and Point-to-Multipoint (PTMP) wireless connectivity applications.</in-capmkt:AreaOfAgreementOrJointVenture><in-capmkt:WhetherArrangementIsDomesticOrInternational contextRef="MainI">International</in-capmkt:WhetherArrangementIsDomesticOrInternational><in-capmkt:ShareExchangeRatioOrJointVentureRatio contextRef="MainI">Not Applicable</in-capmkt:ShareExchangeRatioOrJointVentureRatio><in-capmkt:ScopeOfBusinessOperationOfAgreementOrJointVenture contextRef="MainI">Under the Agreement, the Company has been appointed as a licensed manufacturer, distributor, system integrator, installer and after-sales support partner for specified LIGOWAVE Unlicensed Band Radio (UBR) products in India, for designated customer accounts.

The Company will undertake manufacturing, assembly, branding, marketing, sales, supply, installation, commissioning, maintenance and support of these products under the FROG brand. LIGOWAVE will provide the necessary technology licence, product designs, technical documentation, components, training and technical support in accordance with the Agreement.

The Agreement also provides for the Company to manufacture and supply finished products to LIGOWAVE against purchase orders for resale by LIGOWAVE under its own brand in international markets.</in-capmkt:ScopeOfBusinessOperationOfAgreementOrJointVenture><in-capmkt:DetailsOfConsiderationPaidOrReceivedInAgreementOrJointVenture contextRef="MainI">No separate upfront consideration is specified for execution of the Agreement. Commercial consideration, including pricing of components, raw materials, SKD/CKD kits, technology licensing, finished products and related support, shall be governed by mutually agreed commercial terms, purchase orders and project-specific arrangements.

The Agreement provides for minimum annual purchase commitments by the Company of USD 500,000 during the first Contract Year and USD 1,000,000 during each subsequent Contract Year.</in-capmkt:DetailsOfConsiderationPaidOrReceivedInAgreementOrJointVenture><in-capmkt:SignificantTermsAndConditionsOfAgreementOrJointVenture contextRef="MainI">The significant terms and conditions include:

•	Appointment of the Company as a licensed manufacturing, distribution, system integration and after-sales support partner for specified LIGOWAVE UBR products in India.
•	Provision of technology licensing, manufacturing documentation, component supply, training and technical support by LIGOWAVE.
•	Customer-specific exclusive and non-exclusive arrangements, subject to the terms and conditions of the Agreement.
•	Manufacturing and supply of finished products by the Company to LIGOWAVE for resale under the LIGOWAVE brand.
•	An initial agreement term of five years, renewable for successive periods of two years, subject to the terms of the Agreement.
•	Minimum annual purchase commitments and other commercial and operational obligations as specified in the Agreement.</in-capmkt:SignificantTermsAndConditionsOfAgreementOrJointVenture><in-capmkt:WhetherTheAcquisitionWouldFallWithinRelatedPartyTransactions contextRef="MainI">false</in-capmkt:WhetherTheAcquisitionWouldFallWithinRelatedPartyTransactions><in-capmkt:SizeOfEntityInArrangement contextRef="MainI">Ligowave Networks Inc. is a US-based company engaged in the design and supply of wireless broadband networking equipment, including Unlicensed Band Radio products for Point-to-Point and Point-to-Multipoint applications.

Financial details regarding the size or annual turnover of LIGOWAVE are not specified in the Agreement and are presently not available for disclosure.</in-capmkt:SizeOfEntityInArrangement><in-capmkt:RationaleAndExpectedBenefitOfArrangement contextRef="MainI">The collaboration is expected to enable the Company to expand its wireless broadband product portfolio, strengthen its domestic manufacturing capabilities and address additional business opportunities in the telecommunications and wireless connectivity markets.

The arrangement will leverage LIGOWAVE’s wireless technology and product expertise together with the Company’s manufacturing infrastructure, technical capabilities and established customer relationships, while also creating opportunities for manufacturing and supplying products to LIGOWAVE for international markets.</in-capmkt:RationaleAndExpectedBenefitOfArrangement></xbrli:xbrl>
