<?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">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-04-03</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ISIN">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-03</xbrli:startDate><xbrli:endDate>2026-04-03</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="D_AmalgamatedEntity1"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-03</xbrli:startDate><xbrli:endDate>2026-04-03</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:AmalgamatedEntityAxis"><in-capmkt:AmalgamatedEntityDomain>AmalgamatedEntityDomain1</in-capmkt:AmalgamatedEntityDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_AmalgamatedEntity1"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-04-03</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:AmalgamatedEntityAxis"><in-capmkt:AmalgamatedEntityDomain>AmalgamatedEntityDomain1</in-capmkt:AmalgamatedEntityDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="D_AmalgamatedEntity2"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-04-03</xbrli:startDate><xbrli:endDate>2026-04-03</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:AmalgamatedEntityAxis"><in-capmkt:AmalgamatedEntityDomain>AmalgamatedEntityDomain2</in-capmkt:AmalgamatedEntityDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:context id="I_AmalgamatedEntity2"><xbrli:entity><xbrli:identifier scheme="https://www.sebi.gov.in/in-capmkt/ScripCode">519183</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-04-03</xbrli:instant></xbrli:period><xbrli:scenario><xbrldi:typedMember dimension="in-capmkt:AmalgamatedEntityAxis"><in-capmkt:AmalgamatedEntityDomain>AmalgamatedEntityDomain2</in-capmkt:AmalgamatedEntityDomain></xbrldi:typedMember></xbrli:scenario></xbrli:context><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><in-capmkt:NameOfTheCompany contextRef="OneI">ADF Foods Limited</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="OneI">ADFFOODS</in-capmkt:NSESymbol><in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneD">New</in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:EventOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneD">Amalgamation/ Merger</in-capmkt:EventOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:DateOfEventOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneI">2026-04-02</in-capmkt:DateOfEventOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:DateOfReport contextRef="OneI">2026-04-03</in-capmkt:DateOfReport><in-capmkt:NameOfTheAmalgamatedEntity contextRef="I_AmalgamatedEntity1">ADF Foods (India) Limited</in-capmkt:NameOfTheAmalgamatedEntity><in-capmkt:TypeOfAmalgamatedEntity contextRef="D_AmalgamatedEntity1">Transferor</in-capmkt:TypeOfAmalgamatedEntity><in-capmkt:RelationshipOfAmalgamatedEntityWithListedEntities contextRef="D_AmalgamatedEntity1">Step Down Subsidiary</in-capmkt:RelationshipOfAmalgamatedEntityWithListedEntities><in-capmkt:DetailsOfOtherRelationsOfAmalgamatedEntityWithListedEntities contextRef="I_AmalgamatedEntity1">The Transferor Company is a Wholly Owned Subsidiary of the Transferee Company</in-capmkt:DetailsOfOtherRelationsOfAmalgamatedEntityWithListedEntities><in-capmkt:PreBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">1050000</in-capmkt:PreBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">1</in-capmkt:PreBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PreBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PreBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PreBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PreBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">1050000</in-capmkt:PreBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent><in-capmkt:PreBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">1</in-capmkt:PreBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent><in-capmkt:PostBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity1" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent><in-capmkt:NameOfTheAmalgamatedEntity contextRef="I_AmalgamatedEntity2">Telluric Foods Limited</in-capmkt:NameOfTheAmalgamatedEntity><in-capmkt:TypeOfAmalgamatedEntity contextRef="D_AmalgamatedEntity2">Transferee</in-capmkt:TypeOfAmalgamatedEntity><in-capmkt:RelationshipOfAmalgamatedEntityWithListedEntities contextRef="D_AmalgamatedEntity2">Step Down Subsidiary</in-capmkt:RelationshipOfAmalgamatedEntityWithListedEntities><in-capmkt:PreBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">50000</in-capmkt:PreBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">1</in-capmkt:PreBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">0</in-capmkt:PreBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">0</in-capmkt:PreBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">0</in-capmkt:PreBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">0</in-capmkt:PreBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PreBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">50000</in-capmkt:PreBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent><in-capmkt:PreBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">1</in-capmkt:PreBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">50000</in-capmkt:PostBuybackNumberOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">1</in-capmkt:PostBuybackPercentageOfSharesUnderPromoterAndPromoterGroupCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackNumberOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackPercentageOfSharesUnderPublicCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">0</in-capmkt:PostBuybackNumberOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">0</in-capmkt:PostBuybackPercentageOfSharesUnderOtherCategoryForAmalgamationOrMergerEvent><in-capmkt:PostBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="shares">50000</in-capmkt:PostBuybackTotalNumberOfSharesForAmalgamationOrMergerEvent><in-capmkt:PostBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent contextRef="I_AmalgamatedEntity2" decimals="INF" unitRef="pure">1</in-capmkt:PostBuybackTotalPercentageOfSharesForAmalgamationOrMergerEvent><in-capmkt:WhetherTheAmalgamationOrMergerWouldFallWithinRelatedPartyTransactions contextRef="OneD">true</in-capmkt:WhetherTheAmalgamationOrMergerWouldFallWithinRelatedPartyTransactions><in-capmkt:DateOfBoardMeetingForAmalgamationInWhichRPTApprovalTaken contextRef="OneI">2024-01-30</in-capmkt:DateOfBoardMeetingForAmalgamationInWhichRPTApprovalTaken><in-capmkt:DateOfAuditCommitteeMeetingForAmalgamationInWhichRPTApprovalTaken contextRef="OneI">2024-01-30</in-capmkt:DateOfAuditCommitteeMeetingForAmalgamationInWhichRPTApprovalTaken><in-capmkt:WhetherAmalgamationOrMergerEventRPTIsMaterial contextRef="OneD">false</in-capmkt:WhetherAmalgamationOrMergerEventRPTIsMaterial><in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupOrAssociateOrHoldingOrSubsidiaryCompaniesOrDirectorAndKMPAndItsRelativesHaveAnyInterestInTheEntityBeingAmalgamated contextRef="OneD">true</in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupOrAssociateOrHoldingOrSubsidiaryCompaniesOrDirectorAndKMPAndItsRelativesHaveAnyInterestInTheEntityBeingAmalgamated><in-capmkt:NatureOfInterestAndDetailsThereofForAmalgamationOrMergerEvent contextRef="OneI">The entities forming part of the Scheme are subsidiaries of the Company. The Scheme of Amalgamation has been approved under Section 233 of the Companies Act, 2013
read with the rules made thereunder by the Regional Director, North-Western Region,
Ahmedabad.</in-capmkt:NatureOfInterestAndDetailsThereofForAmalgamationOrMergerEvent><in-capmkt:WhetherAmalgamationOrMergerIsDoneAtArmsLength contextRef="OneD">true</in-capmkt:WhetherAmalgamationOrMergerIsDoneAtArmsLength><in-capmkt:AreaOfBusinessOfTheEntitiesForAmalgamationOrMergerEvent contextRef="OneI">Both the entities are involved in trading of processed food products in domestic market.</in-capmkt:AreaOfBusinessOfTheEntitiesForAmalgamationOrMergerEvent><in-capmkt:RationaleForAmalgamationOrMerger contextRef="OneI">The amalgamation is intended to simplify the corporate structure, enable more efficient utilization of capital and resources, integrate business operations, eliminate duplication and
rationalize administrative and compliance costs.</in-capmkt:RationaleForAmalgamationOrMerger><in-capmkt:NatureOfConsiderationForAmalgamationOrMerger contextRef="OneD">Others</in-capmkt:NatureOfConsiderationForAmalgamationOrMerger><in-capmkt:DetailsOfConsiderationForAmalgamationOrMerger contextRef="OneI">Not applicable. The Transferor Company is a wholly owned subsidiary of the Transferee Company and accordingly, no shares are to be issued pursuant to the Scheme. The shareholding of the Transferee Company in the Transferor Company shall stand cancelled upon the Scheme becoming effective.</in-capmkt:DetailsOfConsiderationForAmalgamationOrMerger><in-capmkt:BriefDetailsOfChangeInShareholdingPatternOfListedEntityForAmalgamationOrMerger contextRef="OneI">Not applicable. There will be no change in the shareholding pattern of the Company pursuant to the Scheme, as the amalgamation is between subsidiary companies and ADF Foods Limited is not issuing any shares under the Scheme.</in-capmkt:BriefDetailsOfChangeInShareholdingPatternOfListedEntityForAmalgamationOrMerger><in-capmkt:AnyOtherBriefSignificantInformationForAmalgamationOrMerger contextRef="OneI">Not Applicable</in-capmkt:AnyOtherBriefSignificantInformationForAmalgamationOrMerger></xbrli:xbrl>