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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/ScripCode">544133</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-11-04</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="MainD"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">544133</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-11-04</xbrli:startDate><xbrli:endDate>2026-11-04</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="I_ClosureOfOperationsOfAnyUnitOrDivisionOrSubsidiary"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">544133</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-11-04</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:ClosureOfOperationsOfAnyUnitOrDivisionOrSubsidiaryMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">EXICOM</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">EXICOM TELE-SYSTEMS LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">544133</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE777F01014</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_ClosureOfOperationsOfAnyUnitOrDivisionOrSubsidiary">Closure of operations of any unit, division or subsidiary (in entirety or in piecemeal)</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">2026-11-04</in-capmkt:DateOfBoardMeeting><in-capmkt:StartTimeOfTheMeeting contextRef="MainI">11:50:00</in-capmkt:StartTimeOfTheMeeting><in-capmkt:EndTimeOfTheMeeting contextRef="MainI">13:50:00</in-capmkt:EndTimeOfTheMeeting><in-capmkt:RemarksForWebsiteDissemination contextRef="MainI">This is the transition and consolidation of manufacturing operations situated at Plot No. 75D, Sector-18, Gurugram, Haryana ("75D Facility").</in-capmkt:RemarksForWebsiteDissemination><in-capmkt:DateOfReport contextRef="MainI">2026-11-04</in-capmkt:DateOfReport><in-capmkt:DateOfBindingAgreementEnteredForSaleOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainI">2026-11-04</in-capmkt:DateOfBindingAgreementEnteredForSaleOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:DetailsOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainI">Manufacturing facility situated at Plot No. 75D Sector -18 Gurugram Haryana</in-capmkt:DetailsOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainD" unitRef="INR" decimals="0">863000000</in-capmkt:PreviousYearTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearPercentageOfTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainD" unitRef="pure" decimals="INF">0.0964</in-capmkt:PreviousYearPercentageOfTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainD" unitRef="INR" decimals="0">511800000</in-capmkt:PreviousYearNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearPercentageOfNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="MainD" unitRef="pure" decimals="INF">0.055</in-capmkt:PreviousYearPercentageOfNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:DateOfClosureOfOperations contextRef="MainI">2026-11-15</in-capmkt:DateOfClosureOfOperations><in-capmkt:ReasonForClosureOfOperations contextRef="MainI">Not Applicable.
Consolidation of manufacturing footprint by redeploying the 75D Facility’s manufacturing activities and relevant plant and machinery to the existing Hyderabad and Solan facilities, for better utilisation of infrastructure, streamlined operations and enhanced operational efficiencies.</in-capmkt:ReasonForClosureOfOperations><in-capmkt:RemarksForWebsiteDisseminationForClosureOfOperationsOfAnyUnitOrDivisionOrSubsidiaryAsPerSubPara2OfParaB contextRef="MainI">Since this is the transition of manufacturing facility situated at Plot No. 75D, Sector-18, Gurugram to other existing manufacturing facilities of the Company, hence date of binding agreement for sale/dispose of unit is Not applicable.  &lt;br /&gt; 
 &lt;br /&gt; 
Accordingly, no sale or disposal of the 75D Facility is contemplated.</in-capmkt:RemarksForWebsiteDisseminationForClosureOfOperationsOfAnyUnitOrDivisionOrSubsidiaryAsPerSubPara2OfParaB></xbrli:xbrl>
