<?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">533163</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-01</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="I_BaggingOrReceivingOfOrdersOrContracts"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">533163</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-01</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:SubTypeOfEventAsPerRegulation30ParaBOfPartAOfScheduleIIIAxis">in-capmkt:BaggingOrReceivingOfOrdersOrContractsMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:context id="I_BaggingOrReceivingOfOrdersOrContractsMember"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">533163</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-09-01</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-capmkt:AwardingOrBaggingOrReceivingOrAmendmentOrTerminationOfOrdersOrContractsAsPerSubPara4OfParaBAxis">in-capmkt:BaggingOrReceivingOfOrdersOrContractsMember</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><in-capmkt:NSESymbol contextRef="MainI">ARSSINFRA</in-capmkt:NSESymbol><in-capmkt:NameOfTheCompany contextRef="MainI">ARSS INFRASTRUCTURE PROJECTS LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:ScripCode contextRef="MainI">533163</in-capmkt:ScripCode><in-capmkt:MSEISymbol contextRef="MainI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="MainI">INE267I01010</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_BaggingOrReceivingOfOrdersOrContracts">Bagging/Receiving 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">2026-09-01</in-capmkt:DateOfOccurrenceOfEventOrInformation><in-capmkt:TimeOfOccurrenceOfEventOrInformation contextRef="MainI">05:00:00</in-capmkt:TimeOfOccurrenceOfEventOrInformation><in-capmkt:DateOfReport contextRef="MainI">2026-09-01</in-capmkt:DateOfReport><in-capmkt:NameOfTheEntityAwardingTheOrdersOrContracts contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">East Coast Railway</in-capmkt:NameOfTheEntityAwardingTheOrdersOrContracts><in-capmkt:WhetherTheOrdersOrContractsIsOrdinaryCourseOfBusiness contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">true</in-capmkt:WhetherTheOrdersOrContractsIsOrdinaryCourseOfBusiness><in-capmkt:WhetherOrdersOrContractsIsAwardedByDomesticOrInternationalEntity contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">Domestic</in-capmkt:WhetherOrdersOrContractsIsAwardedByDomesticOrInternationalEntity><in-capmkt:WhetherTheCounterpartyIsIndianListedEntity contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">false</in-capmkt:WhetherTheCounterpartyIsIndianListedEntity><in-capmkt:LEIOrCINOrRegistrationNumberOfTheCounterparty contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">Not Applicable</in-capmkt:LEIOrCINOrRegistrationNumberOfTheCounterparty><in-capmkt:WhetherTheCounterpartyBelongsToGroupCompaniesOfAnyIndianListedEntity contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">false</in-capmkt:WhetherTheCounterpartyBelongsToGroupCompaniesOfAnyIndianListedEntity><in-capmkt:NameOfTheCountryInWhichCounterpartyIsExists contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">India</in-capmkt:NameOfTheCountryInWhichCounterpartyIsExists><in-capmkt:DateOfBaggingOrReceivingOfOrdersOrContracts contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">2026-09-01</in-capmkt:DateOfBaggingOrReceivingOfOrdersOrContracts><in-capmkt:AmountOfTheOrdersOrContracts contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember" unitRef="INR" decimals="2">1305342520.78</in-capmkt:AmountOfTheOrdersOrContracts><in-capmkt:SignificantTermsAndConditionsOfOrdersOrContractsIsAwarded contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">We have received a work order for i. Construction of Road Over Bridge of span (ROB) (1 x 60.0 m) Camel Back type truss girder for railway portion and proposed span of 5 x 25.04 m RCC girder on Khurdha side and 6 x 25.04 m RCC girder on Puri side for approach portion, in lieu of LC No-207 at railway km 467/14-16 in between stations Kaipadar Road and Tapang on Howrah-Visakhapatnam Main Line under Khurda Road Division. ii. Construction of Road Over Bridge of span (ROB) at KM 468/23-25 of span (1 x 60.0 m) camel back type truss girder for railway portion and proposed span of 8 x 25.04 m RCC girder on Tapang side and 12 x 25.04 m RCC girder on Madhipur side for approach portion, in lieu of LC No. 209 at railway KM 468/31-469/1 in between stations Kaipadar Road and Tapang on Howrah-Visakhapatnam Main Line under Khurda Road Division. iii. Construction of a Road Over Bridge (ROB) at Railway Kilometer 526/41-43, comprising a span of (1 x 60.0 m) Camel Back type truss girder for the railway portion, and proposed approach spans of 9 x 25.04 m RCC girders on the Nimikheta side and 10 x 25.04 m RCC girders on the Old NH-5 side, in lieu of Level Crossing No. 255 at Railway Kilometer 526/35-37, located between Balugaon and Chilika stations on the Howrah-Visakhapatnam Main Line under Khurda Road Division.</in-capmkt:SignificantTermsAndConditionsOfOrdersOrContractsIsAwarded><in-capmkt:NatureOfOrdersOrContracts contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">For i. Construction of Road Over Bridge of span (ROB) (1 x 60.0 m) Camel Back type truss girder for railway portion and proposed span of 5 x 25.04 m RCC girder on Khurdha side and 6 x 25.04 m RCC girder on Puri side for approach portion, in lieu of LC No-207 at railway km 467/14-16 in between stations Kaipadar Road and Tapang on Howrah-Visakhapatnam Main Line under Khurda Road Division. ii. Construction of Road Over Bridge of span (ROB) at KM 468/23-25 of span (1 x 60.0 m) camel back type truss girder for railway portion and proposed span of 8 x 25.04 m RCC girder on Tapang side and 12 x 25.04 m RCC girder on Madhipur side for approach portion, in lieu of LC No. 209 at railway KM 468/31-469/1 in between stations Kaipadar Road and Tapang on Howrah-Visakhapatnam Main Line under Khurda Road Division. iii. Construction of a Road Over Bridge (ROB) at Railway Kilometer 526/41-43, comprising a span of (1 x 60.0 m) Camel Back type truss girder for the railway portion, and proposed approach spans of 9 x 25.04 m RCC girders on the Nimikheta side and 10 x 25.04 m RCC girders on the Old NH-5 side, in lieu of Level Crossing No. 255 at Railway Kilometer 526/35-37, located between Balugaon and Chilika stations on the Howrah-Visakhapatnam Main Line under Khurda Road Division.</in-capmkt:NatureOfOrdersOrContracts><in-capmkt:TimePeriodByWhichTheOrdersOrContractsIsToBeExecuted contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">24 Months</in-capmkt:TimePeriodByWhichTheOrdersOrContractsIsToBeExecuted><in-capmkt:BroadConsiderationForTheOrdersOrContracts contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">1305342520.78</in-capmkt:BroadConsiderationForTheOrdersOrContracts><in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupCompaniesHaveAnyInterestInThatEntityToWhomTheOrdersOrContractsIsAwarded contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">false</in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupCompaniesHaveAnyInterestInThatEntityToWhomTheOrdersOrContractsIsAwarded><in-capmkt:WhetherTheOrderOrContractWouldFallWithinRelatedPartyTransactions contextRef="I_BaggingOrReceivingOfOrdersOrContractsMember">false</in-capmkt:WhetherTheOrderOrContractWouldFallWithinRelatedPartyTransactions></xbrli:xbrl>
