<?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">RGL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_ExerciseOfOptions"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/NSESymbol">RGL</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-02</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:StageOfOptionsToPurchaseSecuritiesAsPerSubPara10OfParaBAxis">in-capmkt:ExerciseOfOptionsMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><in-capmkt:NSESymbol contextRef="MainI">RGL</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">Renaissance Global Limited</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">532923</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE722H01024</in-capmkt:ISIN><in-capmkt:TypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIII contextRef="MainI">Options to purchase securities ESOPS (Sub-para 10-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">2026-09-01</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">04:54:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-09-02</in-capmkt:DateOfReport><in-capmkt:StageOfDisclosureOfOptionsToPurchaseSecurities contextRef="I_ExerciseOfOptions">Exercise of options</in-capmkt:StageOfDisclosureOfOptionsToPurchaseSecurities><in-capmkt:BriefDetailsOfOptionsGranted contextRef="I_ExerciseOfOptions">The present instance is allotment of shares upon exercise of
7,500 options granted under Grant-2 of RGL ESOP 2021
</in-capmkt:BriefDetailsOfOptionsGranted><in-capmkt:WhetherTheSchemeIsInTermsOfSEBISBEBRegulations2021 contextRef="I_ExerciseOfOptions">true</in-capmkt:WhetherTheSchemeIsInTermsOfSEBISBEBRegulations2021><in-capmkt:DetailsOfSharesCoveredByOptions contextRef="I_ExerciseOfOptions">Total 25,00,000 Equity Shares (each stock option is convertible into one (1) equity share of RGL having a face value of Rs. 2/- each) are covered under RGL ESOP 2021</in-capmkt:DetailsOfSharesCoveredByOptions><in-capmkt:PricingFormulaForOptions contextRef="I_ExerciseOfOptions">Options granted under Grant 1, 2 and 3 are exercisable @ Rs. 110/- each and Options granted under Grant 4, 5, 6 and 7 are exercisable @ Rs. 2/- each</in-capmkt:PricingFormulaForOptions><in-capmkt:DetailsOfOptionsVested contextRef="I_ExerciseOfOptions">Grant -1 - 6,25,000 (70,000 options were cancelled due to resignation of option grantees) 
Grant -2 - 8,05,000 (40,000 options were surrendered/relinquished by one grantee)
Grant -3 - 30,000 (22,500 options were cancelled due to resignation of option grantee) 
Grant -4 - 3,59,562 (3,59,562 options were granted and all these options were cancelled
due to termination of option grantee before vesting date)
Grant -5 - 51,000 
Grant -6 - 1,07,140 - (53,570 options were surrendered/ relinquished by the grantee)</in-capmkt:DetailsOfOptionsVested><in-capmkt:DetailsOfTimeWithinWhichOptionMayBeExercised contextRef="I_ExerciseOfOptions">Options vested can be exercised within 3 years from respective vesting date(s)</in-capmkt:DetailsOfTimeWithinWhichOptionMayBeExercised><in-capmkt:DetailsOfOptionsExercised contextRef="I_ExerciseOfOptions">7500</in-capmkt:DetailsOfOptionsExercised><in-capmkt:DetailsOfMoneyRealizedByExerciseOfOptions contextRef="I_ExerciseOfOptions">Rs. 8,25,000/-</in-capmkt:DetailsOfMoneyRealizedByExerciseOfOptions><in-capmkt:DetailsOfSharesArisingFromExerciseOfOptions contextRef="I_ExerciseOfOptions">7,500 number of equity shares of Rs. 2/- each.</in-capmkt:DetailsOfSharesArisingFromExerciseOfOptions><in-capmkt:DetailsOfOptionsLapsed contextRef="I_ExerciseOfOptions">98,750 options were lapsed under grant 1, 2,99,000 options were lapsed under grant 2, 53,570 options were lapsed under grant 6.</in-capmkt:DetailsOfOptionsLapsed><in-capmkt:VariationInTermsOfOptions contextRef="I_ExerciseOfOptions">NA</in-capmkt:VariationInTermsOfOptions><in-capmkt:BriefDetailsOfSignificantTermsOfOptions contextRef="I_ExerciseOfOptions">The Shareholder of the Company has approved the Renaissance Global - Employee Stock Option Scheme 2021 (RGL ESOP 2021) through postal ballot on January 21, 2022 and brief details of the RGL ESOP 2021 are mentioned in the Postal Ballot notice which is available on the website of the Company at https://renaissanceglobal.com/wpcontent/uploads/2021/12/RGLPostal-Ballot-Notice-20-Dec-2021.pdf
</in-capmkt:BriefDetailsOfSignificantTermsOfOptions><in-capmkt:SubsequentChangesOrCancellationOrExerciseOfOptions contextRef="I_ExerciseOfOptions">NA</in-capmkt:SubsequentChangesOrCancellationOrExerciseOfOptions><in-capmkt:DilutedEarningsPerSharePursuantToIssueOfEquitySharesOnExerciseOfOptions contextRef="I_ExerciseOfOptions">0.95 per Share</in-capmkt:DilutedEarningsPerSharePursuantToIssueOfEquitySharesOnExerciseOfOptions></xbrli:xbrl>
