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<!--REG30 V1.0 (16-10-2025)-->
<xbrli:xbrl xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2025-08-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/Regulation_30_Restructuring/2025-08-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/Regulation_30_Restructuring/2025-08-31/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" 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.xbrl.org/2003/XLink"><link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2025-08-31.xsd"/><xbrli:context id="OneI"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">532372</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2026-07-09</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">532372</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-07-09</xbrli:startDate><xbrli:endDate>2026-07-09</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="D_SlumpSaleEntityOrDivision1"><xbrli:entity><xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/ScripCode">532372</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2026-07-09</xbrli:startDate><xbrli:endDate>2026-07-09</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:typedMember 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contextRef="OneI">532372</in-capmkt:ScripCode><in-capmkt:NameOfTheCompany contextRef="OneI">VIRINCHI LIMITED</in-capmkt:NameOfTheCompany><in-capmkt:NSESymbol contextRef="OneI">VIRINCHI</in-capmkt:NSESymbol><in-capmkt:MSEISymbol contextRef="OneI">NOTLISTED</in-capmkt:MSEISymbol><in-capmkt:ISIN contextRef="OneI">INE539B01017</in-capmkt:ISIN><in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneD">New</in-capmkt:TypeOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:TypeOfEventOfAnnouncementPertainingToRegulation30Restructuring contextRef="OneD">Slump Sale</in-capmkt:TypeOfEventOfAnnouncementPertainingToRegulation30Restructuring><in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfBoardMeeting contextRef="OneD">true</in-capmkt:WhetherEventOrInformationDisclosedIsAnOutcomeOfBoardMeeting><in-capmkt:DateOfBoardMeeting contextRef="OneI">2026-07-09</in-capmkt:DateOfBoardMeeting><in-capmkt:EndTimeOfBoardMeeting contextRef="OneD">19:15:00</in-capmkt:EndTimeOfBoardMeeting><in-capmkt:DateOfReport contextRef="OneI">2026-07-09</in-capmkt:DateOfReport><in-capmkt:NameOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="I_SlumpSaleEntityOrDivision1">VIRINCHI HEALTH CARE PRIVATE LIMITED</in-capmkt:NameOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:TypeOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="D_SlumpSaleEntityOrDivision1">Subsidiary</in-capmkt:TypeOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:AreaOfBusinessOfTheSlumpSaleEntities contextRef="I_SlumpSaleEntityOrDivision1">HEALTH CARE</in-capmkt:AreaOfBusinessOfTheSlumpSaleEntities><in-capmkt:PreviousYearTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="D_SlumpSaleEntityOrDivision1" unitRef="INR" decimals="-5">829900000</in-capmkt:PreviousYearTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearPercentageOfTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="D_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0.2922</in-capmkt:PreviousYearPercentageOfTurnoverOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="D_SlumpSaleEntityOrDivision1" unitRef="INR" decimals="-5">-281100000</in-capmkt:PreviousYearNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:PreviousYearPercentageOfNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity contextRef="D_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0</in-capmkt:PreviousYearPercentageOfNetWorthOfUnitOrDivisionOrSubsidiaryOfTheListedEntity><in-capmkt:NumberOfSharesUnderPromoterAndPromoterGroupCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">10657978</in-capmkt:NumberOfSharesUnderPromoterAndPromoterGroupCategoryPreEvent><in-capmkt:PercentageOfSharesUnderPromoterAndPromoterGroupCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">1</in-capmkt:PercentageOfSharesUnderPromoterAndPromoterGroupCategoryPreEvent><in-capmkt:NumberOfSharesUnderPublicCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfSharesUnderPublicCategoryPreEvent><in-capmkt:PercentageOfSharesUnderPublicCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0</in-capmkt:PercentageOfSharesUnderPublicCategoryPreEvent><in-capmkt:NumberOfSharesUnderOtherCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfSharesUnderOtherCategoryPreEvent><in-capmkt:PercentageOfSharesUnderOtherCategoryPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0</in-capmkt:PercentageOfSharesUnderOtherCategoryPreEvent><in-capmkt:TotalNumberOfSharesPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">10657978</in-capmkt:TotalNumberOfSharesPreEvent><in-capmkt:TotalPercentageOfSharesPreEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">1</in-capmkt:TotalPercentageOfSharesPreEvent><in-capmkt:NumberOfSharesUnderPromoterAndPromoterGroupCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">10657978</in-capmkt:NumberOfSharesUnderPromoterAndPromoterGroupCategoryPostEvent><in-capmkt:PercentageOfSharesUnderPromoterAndPromoterGroupCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">1</in-capmkt:PercentageOfSharesUnderPromoterAndPromoterGroupCategoryPostEvent><in-capmkt:NumberOfSharesUnderPublicCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfSharesUnderPublicCategoryPostEvent><in-capmkt:PercentageOfSharesUnderPublicCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0</in-capmkt:PercentageOfSharesUnderPublicCategoryPostEvent><in-capmkt:NumberOfSharesUnderOtherCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfSharesUnderOtherCategoryPostEvent><in-capmkt:PercentageOfSharesUnderOtherCategoryPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">0</in-capmkt:PercentageOfSharesUnderOtherCategoryPostEvent><in-capmkt:TotalNumberOfSharesPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="shares" decimals="INF">10657978</in-capmkt:TotalNumberOfSharesPostEvent><in-capmkt:TotalPercentageOfSharesPostEvent contextRef="I_SlumpSaleEntityOrDivision1" unitRef="pure" decimals="INF">1</in-capmkt:TotalPercentageOfSharesPostEvent><in-capmkt:DateOnWhichTheAgreementForSaleHasBeenEnteredIntoForSlumpSaleEvent contextRef="OneI">2026-07-09</in-capmkt:DateOnWhichTheAgreementForSaleHasBeenEnteredIntoForSlumpSaleEvent><in-capmkt:TheExpectedDateOfCompletionOfSlumpSaleEvent contextRef="OneI">2026-08-31</in-capmkt:TheExpectedDateOfCompletionOfSlumpSaleEvent><in-capmkt:NatureOfConsiderationForSlumpSaleEvent contextRef="OneD">Others</in-capmkt:NatureOfConsiderationForSlumpSaleEvent><in-capmkt:DetailsOfConsiderationForSlumpSaleEvent contextRef="OneI">The Company (listed entity) shall not be issuing any securities or give any consideration in kind to VHCPL. Loans and advances from Virinchi Limited to VHCPL will be adjusted against the consideration to be paid by Virinchi Limited to VHCPL.</in-capmkt:DetailsOfConsiderationForSlumpSaleEvent><in-capmkt:BriefDetailsOfBuyersSlumpSaleEvent contextRef="OneI">VIRINCHI LIMITED WHICH IS THE HOLDING COMPANY OF VHCPL</in-capmkt:BriefDetailsOfBuyersSlumpSaleEvent><in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupCompaniesIncludingAssociateOrHoldingOrSubsidiaryOrDirectorOrKMPOrSMPAndItsRelativesHaveAnyInterestInTheEntityBeingSlumpSale contextRef="OneD">true</in-capmkt:WhetherThePromoterOrPromoterGroupOrGroupCompaniesIncludingAssociateOrHoldingOrSubsidiaryOrDirectorOrKMPOrSMPAndItsRelativesHaveAnyInterestInTheEntityBeingSlumpSale><in-capmkt:NatureOfInterestAndDetailsThereofForSlumpSaleEvent contextRef="OneI">Virinchi Limited and Virinchi Health Care Private Limited have common Directors and Key Managerial Personnel.
Mr. M. V. Srinivasa Rao, Mr. Sri Kalyan, Mr. T. Shyam Sunder and Ms. G. Priya Rajender are Common Directors on the Boards of both Virinchi and VHCPL.
Further, Mr. K. Ravindranath Tagore acts as the Company Secretary of both Virinchi and VHCPL.
None of the aforesaid Directors or Key Managerial Personnel has any interest, whether direct or indirect, in the proposed transaction, except to the extent of their respective shareholding, if any, in Virinchi.
Apart from the above Mr. Viswanath Kompella is the common promoter for both Virinchi and VHCPL. 
</in-capmkt:NatureOfInterestAndDetailsThereofForSlumpSaleEvent><in-capmkt:WhetherSlumpSaleEventWouldFallWithinRelatedPartyTransactions contextRef="OneD">true</in-capmkt:WhetherSlumpSaleEventWouldFallWithinRelatedPartyTransactions><in-capmkt:DateOfBoardMeetingInWhichRPTApprovalTakenForSlumpSaleEvent contextRef="OneI">2026-07-09</in-capmkt:DateOfBoardMeetingInWhichRPTApprovalTakenForSlumpSaleEvent><in-capmkt:DateOfAuditCommitteeMeetingInWhichRPTApprovalTakenForSlumpSaleEvent contextRef="OneI">2026-07-09</in-capmkt:DateOfAuditCommitteeMeetingInWhichRPTApprovalTakenForSlumpSaleEvent><in-capmkt:WhetherSlumpSaleEventRPTIsMaterial contextRef="OneD">true</in-capmkt:WhetherSlumpSaleEventRPTIsMaterial><in-capmkt:DateOfApprovalOfSlumpSaleEventFromShareholders contextRef="OneI">2026-08-10</in-capmkt:DateOfApprovalOfSlumpSaleEventFromShareholders><in-capmkt:WhetherSlumpSaleEventIsDoneAtArmsLength contextRef="OneD">true</in-capmkt:WhetherSlumpSaleEventIsDoneAtArmsLength><in-capmkt:BriefDetailsOfChangeInShareholdingPatternOfAllEntitiesForSlumpSaleEvent contextRef="OneI">NO CHANGE</in-capmkt:BriefDetailsOfChangeInShareholdingPatternOfAllEntitiesForSlumpSaleEvent></xbrli:xbrl>
