<?xml version="1.0" encoding="UTF-8" standalone="no"?><xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2022-12-31/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/Regulation_30_Restructuring/2022-12-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/Regulation_30_Restructuring/2022-12-31/in-capmkt-roles" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink"><link:schemaRef xlink:href="in-capmkt-ent-2022-12-31.xsd" xlink:type="simple"/><xbrli:context id="OneI"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ISIN">517214</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-03-07</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ISIN">517214</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-03-07</xbrli:startDate><xbrli:endDate>2026-03-07</xbrli:endDate></xbrli:period></xbrli:context><in-capmkt:NameOfTheCompany contextRef="OneI">DIGISPICE TECHNOLOGIES LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="OneI">DIGISPICE</in-capmkt:NSESymbol><in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneD">Update</in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:DateOfEventOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneI">2026-03-07</in-capmkt:DateOfEventOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:DateOfInitialAnnouncement contextRef="OneI">2024-08-08</in-capmkt:DateOfInitialAnnouncement><in-capmkt:DateOfLatestAnnouncement contextRef="OneI">2025-09-22</in-capmkt:DateOfLatestAnnouncement><in-capmkt:DateOfReport contextRef="OneI">2026-03-07</in-capmkt:DateOfReport><in-capmkt:BriefDetailsOfInitialAnnouncement contextRef="OneI">The Board has approved a scheme for the amalgamation of Spice Money Limited, E-Arth Travel Solutions Private Limited, and Vikasni Fintech Private Limited with DiGiSPICE Technologies Limited. This Proposed Scheme is subject to shareholders’ approval, sanction by the National Company Law Tribunal, and no-objection from regulatory authorities including but not limited to Stock Exchanges, Reserve Bank of India, and Insurance Regulatory and Development Authority of India.</in-capmkt:BriefDetailsOfInitialAnnouncement><in-capmkt:ReasonForUpdate contextRef="OneD">Others</in-capmkt:ReasonForUpdate><in-capmkt:OtherUpdates contextRef="OneI">Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), and further to the earlier communication(s) dated 8th August, 2024, 27th September, 2024 and 14th November, 2024, 1st September, 2025, 18th September, 2025 and 19th September, 2025, regarding the Scheme of Amalgamation by way of merger between DiGiSPICE Technologies Limited (Transferee Company), Spice Money Limited (Transferor Company 1), E-arth Travel Solutions Private Limited (Transferor Company 2) and Vikasni Fintech Private Limited (Transferor Company 3) and their respective shareholders and creditors (the Scheme), we wish to inform you that a joint application in relation to the Scheme has been filed today i.e. on 7th March, 2026 with the Hon’ble National Company Law Tribunal (NCLT), Delhi Bench. The physical filing of the said Application with the NCLT, Delhi Bench, shall be made in due course.
The Scheme remains contingent upon obtaining the necessary statutory and regulatory clearances, including approvals from the NCLT, other competent authorities, as well as the respective shareholders and creditors of the companies involved (subject to any meeting dispensations granted by the NCLT), wherever applicable.</in-capmkt:OtherUpdates></xbrli:xbrl>