<?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">544339</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-21</xbrli:instant></xbrli:period></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">LAXMIDENTL</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">Laxmi Dental Limited</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">544339</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE0WO601020</in-capmkt:ISIN><in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">Change in regulatory framework (Sub-para 7-Para B)</in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">New</in-capmkt:TypeOfAnnouncementAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting contextRef="MainI">false</in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfTheBoardMeeting><in-capmkt:DateOfOccurrenceOfEventOrInformation contextRef="MainI">2026-10-21</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">15:40:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-10-21</in-capmkt:DateOfReport><in-capmkt:NameOfTheRegulatoryAuthority contextRef="MainI">U.S. Customs and Border Protection (CBP)</in-capmkt:NameOfTheRegulatoryAuthority><in-capmkt:BriefDetailsOfChangeInLawsOrRegulationsOrPoliciesByRegulatoryAuthority contextRef="MainI">US Supreme Court’s directives to the US Government to refund the excess tariff collected from the importers</in-capmkt:BriefDetailsOfChangeInLawsOrRegulationsOrPoliciesByRegulatoryAuthority><in-capmkt:ImpactOfChangeInRegulatoryFrameworkOnEntity contextRef="MainI">Consequent to the US Supreme Court’s directives to the US Government to refund the excess tariff collected from the importers, the Company’s Subsidiary, Laxmi Dental Lab USA, INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to US$ 0.63 million  equivalent to approximately INR 59.20 million.</in-capmkt:ImpactOfChangeInRegulatoryFrameworkOnEntity><in-capmkt:EffectiveDateOfRegulatoryChange contextRef="MainI">2026-02-20</in-capmkt:EffectiveDateOfRegulatoryChange></xbrli:xbrl>