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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">538119</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_AdoptionOfNewLinesOfBusiness"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">538119</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-30</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:AdoptionOfNewLinesOfBusinessMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">RNBDENIMS</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">	R&amp;B DENIMS LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">538119</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE012Q01039</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_AdoptionOfNewLinesOfBusiness">Adoption of new line(s) of business</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">2026-09-30</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">14:00:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:RemarksForWebsiteDissemination contextRef="MainI">The commencement of polyester yarn manufacturing marks an important step in the Company’s business strategy towards developing an integrated textile manufacturing operation. The Company has updated its business strategy to undertake polyester yarn manufacturing as a value chain synchronisation initiative for its manufacturing operations. &lt;br /&gt; 
 &lt;br /&gt; 
</in-capmkt:RemarksForWebsiteDissemination><in-capmkt:DateOfReport contextRef="MainI">2026-09-30</in-capmkt:DateOfReport><in-capmkt:IndustryOrAreaAndDetailsOfNewLineOfBusiness contextRef="MainI">The new line of business pertains to the polyester yarn manufacturing, specifically production of spun polyester yarn. This marks a value chain synchronisation of the Company’s existing denim fabric manufacturing operations.</in-capmkt:IndustryOrAreaAndDetailsOfNewLineOfBusiness><in-capmkt:ExpectedBenefitsFromNewLineOfBusiness contextRef="MainI">The value chain synchronisation is intended to strengthen the Company’s textile value chain by providing greater control over the sourcing and quality of yarn, improving supply-chain efficiencies, optimizing input costs and supporting the Company’s manufacturing operations. 
This venture into polyester yarn manufacturing is a strategic move aimed at enhancing the Company’s value proposition, improving profitability, and ensuring long-term sustainability. The expected benefits include:

-	Complete quality control of yarn manufacturing.
-	Better utilization of existing manufacturing infrastructure and human resources.
-	Diversification of revenue streams, reducing the impact of fabric market fluctuations.
</in-capmkt:ExpectedBenefitsFromNewLineOfBusiness><in-capmkt:EstimatedAmountToBeInvestedInNewLineOfBusiness contextRef="MainI" unitRef="INR" decimals="0">250000000</in-capmkt:EstimatedAmountToBeInvestedInNewLineOfBusiness><in-capmkt:RemarksForWebsiteDisseminationForAdoptionOfNewLinesOfBusinessAsPerSubPara2OfParaB contextRef="MainI">For, Estimated amount to be invested: Currently, Ricon Industries has invested approximately Rs. 25 crores as an initial capital outlay to cover machinery, skilled manpower, and infrastructure modifications.  &lt;br /&gt; 
 &lt;br /&gt; 
Further, investments are proposed to be funded through a mix of internal accruals and/or debt, as may be appropriate. The company remains flexible in its approach and will scale operations in alignment with demand and capacity utilization. &lt;br /&gt; 
</in-capmkt:RemarksForWebsiteDisseminationForAdoptionOfNewLinesOfBusinessAsPerSubPara2OfParaB></xbrli:xbrl>