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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">MAYASHEEL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-08-12</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_AmendmentOrTerminationOfOrdersOrContracts"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/NSESymbol">MAYASHEEL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-08-12</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:AmendmentOrTerminationOfOrdersOrContractsMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="I_AmendmentOrTerminationOfOrdersOrContractsMember"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/NSESymbol">MAYASHEEL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-08-12</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:AwardingOrBaggingOrReceivingOrAmendmentOrTerminationOfOrdersOrContractsAsPerSubPara4OfParaBAxis">in-capmkt:AmendmentOrTerminationOfOrdersOrContractsMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">MAYASHEEL</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">MAYASHEEL VENTURES 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">INE0ZTO01018</in-capmkt:ISIN><in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">Awarding, Bagging/Receiving, Amendment or termination of orders/contracts (Sub-para 4-Para B)</in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII><in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="I_AmendmentOrTerminationOfOrdersOrContracts">Amendment or termination of orders/contracts</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">2026-08-12</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">13:13:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-08-12</in-capmkt:DateOfReport><in-capmkt:NameOfPartiesToTheOrdersOrContracts contextRef="I_AmendmentOrTerminationOfOrdersOrContractsMember">NATIONAL HIGHWAY AND INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED AND MAYASHEEL VENTURES LIMITED</in-capmkt:NameOfPartiesToTheOrdersOrContracts><in-capmkt:NatureOfOrdersOrContracts contextRef="I_AmendmentOrTerminationOfOrdersOrContractsMember">CIVIL WORK</in-capmkt:NatureOfOrdersOrContracts><in-capmkt:DateOfExecutionOfTheOrdersOrContracts contextRef="I_AmendmentOrTerminationOfOrdersOrContractsMember">2023-03-23</in-capmkt:DateOfExecutionOfTheOrdersOrContracts><in-capmkt:DateOfTerminationOrAmendmentOfTheOrdersOrContracts contextRef="I_AmendmentOrTerminationOfOrdersOrContractsMember">2026-08-12</in-capmkt:DateOfTerminationOrAmendmentOfTheOrdersOrContracts><in-capmkt:DetailsOfAmendmentOrReasonsForTerminationsAndImpactOfTheOrdersOrContracts contextRef="I_AmendmentOrTerminationOfOrdersOrContractsMember">Approval of the competent authority, HQ, NHIDCL for the extension of time of 241 days for  shifting of scheduled completion date by 241 days as 21.10.2026 by freezing the price indices as on scheduled completion date in accordance with Schedule J without LD for the Subject work</in-capmkt:DetailsOfAmendmentOrReasonsForTerminationsAndImpactOfTheOrdersOrContracts></xbrli:xbrl>
