<?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/NSESymbol">AONESTEELS</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-10-08</xbrli:instant></xbrli:period></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">AONESTEELS</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">A-ONE STEELS INDIA LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">544952</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE0OTC01025</in-capmkt:ISIN><in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">Disruption of operations (Sub-para 6-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">2026-10-08</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">01:27:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-10-08</in-capmkt:DateOfReport><in-capmkt:StageAtWhichDisruptionOfOperationsDisclosureIsProvided contextRef="MainI">At the time of occurrence</in-capmkt:StageAtWhichDisruptionOfOperationsDisclosureIsProvided><in-capmkt:TypeOfDisruption contextRef="MainI">Fire</in-capmkt:TypeOfDisruption><in-capmkt:ExpectedQuantumOfLossOrDamageCaused contextRef="MainI">The financial loss and damage caused by the fire are currently under evaluation. The exact quantum will be determined following the outcome of the root-cause investigation by the concerned authorities.</in-capmkt:ExpectedQuantumOfLossOrDamageCaused><in-capmkt:WhetherLossOrDamageCoveredByInsurance contextRef="MainI">true</in-capmkt:WhetherLossOrDamageCoveredByInsurance><in-capmkt:AmountOfInsuranceCoveredForLossOrDamage contextRef="MainI">The damage caused due to the fire accident is covered under insurance. The Company has reported the incident to the insurance company. As specified above that the financial loss and damage caused by the fire are currently under evaluation.</in-capmkt:AmountOfInsuranceCoveredForLossOrDamage><in-capmkt:DetailsOfFactoryOrUnitAffectedByDisruption contextRef="MainI">Not applicable</in-capmkt:DetailsOfFactoryOrUnitAffectedByDisruption></xbrli:xbrl>