﻿<?xml version="1.0" encoding="UTF-8"?>
<!--IFIndAs V2.1 (26-06-2026)-->
<xbrli:xbrl xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2026-01-31/in-capmkt" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/in-capmkt-roles" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/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/2026-01-31/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.xbrl.org/2003/XLink">
  <link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2026-01-31.xsd" />
  <xbrli:context id="OneD">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/MSEISymbol">ABANS</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2026-04-01</xbrli:startDate>
      <xbrli:endDate>2026-06-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="OneExpenses1D">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/MSEISymbol">ABANS</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2026-04-01</xbrli:startDate>
      <xbrli:endDate>2026-06-30</xbrli:endDate>
    </xbrli:period>
    <xbrli:scenario>
      <xbrldi:explicitMember dimension="in-capmkt:DetailsOfOtherExpensesAxis">in-capmkt:OtherExpenses1Member</xbrldi:explicitMember>
    </xbrli:scenario>
  </xbrli:context>
  <xbrli:context id="OneExpenses2D">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/MSEISymbol">ABANS</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2026-04-01</xbrli:startDate>
      <xbrli:endDate>2026-06-30</xbrli:endDate>
    </xbrli:period>
    <xbrli:scenario>
      <xbrldi:explicitMember dimension="in-capmkt:DetailsOfOtherExpensesAxis">in-capmkt:OtherExpenses2Member</xbrldi:explicitMember>
    </xbrli:scenario>
  </xbrli:context>
  <xbrli:context id="D_Auditor1">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sebi.gov.in/in-capmkt/MSEISymbol">ABANS</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2026-04-01</xbrli:startDate>
      <xbrli:endDate>2026-06-30</xbrli:endDate>
    </xbrli:period>
    <xbrli:scenario>
      <xbrldi:typedMember dimension="in-capmkt:AuditorAxis">
        <in-capmkt:AuditorDomain>AuditorDomain1</in-capmkt:AuditorDomain>
      </xbrldi:typedMember>
    </xbrli:scenario>
  </xbrli:context>
  <xbrli:unit id="INR">
    <xbrli:measure>iso4217:INR</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="INRPerShare">
    <xbrli:divide>
      <xbrli:unitNumerator>
        <xbrli:measure>iso4217:INR</xbrli:measure>
      </xbrli:unitNumerator>
      <xbrli:unitDenominator>
        <xbrli:measure>xbrli:shares</xbrli:measure>
      </xbrli:unitDenominator>
    </xbrli:divide>
  </xbrli:unit>
  <in-capmkt:ScripCode contextRef="OneD">512165</in-capmkt:ScripCode>
  <in-capmkt:Symbol contextRef="OneD">NOTLISTED</in-capmkt:Symbol>
  <in-capmkt:MSEISymbol contextRef="OneD">ABANS</in-capmkt:MSEISymbol>
  <in-capmkt:ISIN contextRef="OneD">INE365O01028</in-capmkt:ISIN>
  <in-capmkt:NameOfTheCompany contextRef="OneD">ABANS ENTERPRISES LIMITED</in-capmkt:NameOfTheCompany>
  <in-capmkt:TypeOfCompany contextRef="OneD">Main Board</in-capmkt:TypeOfCompany>
  <in-capmkt:ClassOfSecurity contextRef="OneD">Equity</in-capmkt:ClassOfSecurity>
  <in-capmkt:DateOfStartOfFinancialYear contextRef="OneD">2026-04-01</in-capmkt:DateOfStartOfFinancialYear>
  <in-capmkt:DateOfEndOfFinancialYear contextRef="OneD">2027-03-31</in-capmkt:DateOfEndOfFinancialYear>
  <in-capmkt:DateOfBoardMeetingWhenFinancialResultsWereApproved contextRef="OneD">2026-08-11</in-capmkt:DateOfBoardMeetingWhenFinancialResultsWereApproved>
  <in-capmkt:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange contextRef="OneD">2026-08-06</in-capmkt:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange>
  <in-capmkt:DescriptionOfPresentationCurrency contextRef="OneD">INR</in-capmkt:DescriptionOfPresentationCurrency>
  <in-capmkt:LevelOfRounding contextRef="OneD">Lakhs</in-capmkt:LevelOfRounding>
  <in-capmkt:TypeOfReportingPeriod contextRef="OneD">Quarterly</in-capmkt:TypeOfReportingPeriod>
  <in-capmkt:ReportingQuarter contextRef="OneD">First quarter</in-capmkt:ReportingQuarter>
  <in-capmkt:IsCompanyReportingMultisegmentOrSingleSegment contextRef="OneD">Single segment</in-capmkt:IsCompanyReportingMultisegmentOrSingleSegment>
  <in-capmkt:DescriptionOfSingleSegment contextRef="OneD">Segment reporting as per Ind-As 108 is not applicable as management has determined that the group is involved in activity of trading either in physical commodities or derivatives in exchanges with other allied activities and operates under single chief operating decision maker.</in-capmkt:DescriptionOfSingleSegment>
  <in-capmkt:DateOfStartOfBoardMeeting contextRef="OneD">2026-08-11</in-capmkt:DateOfStartOfBoardMeeting>
  <in-capmkt:StartTimeOfBoardMeeting contextRef="OneD">16:15:00</in-capmkt:StartTimeOfBoardMeeting>
  <in-capmkt:DateOfEndOfBoardMeeting contextRef="OneD">2026-08-11</in-capmkt:DateOfEndOfBoardMeeting>
  <in-capmkt:EndTimeOfBoardMeeting contextRef="OneD">17:00:00</in-capmkt:EndTimeOfBoardMeeting>
  <in-capmkt:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification contextRef="OneD">Declaration of unmodified opinion</in-capmkt:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification>
  <in-capmkt:WhetherStatementOnDeviationOrVariationForProceedsOfPublicIssueOrRightIssueOrPreferentialIssueOrQIPEtcIsApplicableToTheCompanyForTheCurrentQuarter contextRef="OneD">false</in-capmkt:WhetherStatementOnDeviationOrVariationForProceedsOfPublicIssueOrRightIssueOrPreferentialIssueOrQIPEtcIsApplicableToTheCompanyForTheCurrentQuarter>
  <in-capmkt:WhetherTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesIsApplicableToTheEntity contextRef="OneD">false</in-capmkt:WhetherTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesIsApplicableToTheEntity>
  <in-capmkt:NoteForNonApplicabilityOfTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesToTheEntity contextRef="OneD">Not Applicable</in-capmkt:NoteForNonApplicabilityOfTheDisclosureForTheDefaultOnLoansAndDebtSecuritiesToTheEntity>
  <in-capmkt:DateOfStartOfReportingPeriod contextRef="OneD">2026-04-01</in-capmkt:DateOfStartOfReportingPeriod>
  <in-capmkt:DateOfEndOfReportingPeriod contextRef="OneD">2026-06-30</in-capmkt:DateOfEndOfReportingPeriod>
  <in-capmkt:WhetherResultsAreAuditedOrUnaudited contextRef="OneD">Unaudited</in-capmkt:WhetherResultsAreAuditedOrUnaudited>
  <in-capmkt:NatureOfReportStandaloneConsolidated contextRef="OneD">Standalone</in-capmkt:NatureOfReportStandaloneConsolidated>
  <in-capmkt:RevenueFromOperations contextRef="OneD" unitRef="INR" decimals="-3">75684000</in-capmkt:RevenueFromOperations>
  <in-capmkt:OtherIncome contextRef="OneD" unitRef="INR" decimals="-3">5045000</in-capmkt:OtherIncome>
  <in-capmkt:Income contextRef="OneD" unitRef="INR" decimals="-3">80729000</in-capmkt:Income>
  <in-capmkt:CostOfMaterialsConsumed contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:CostOfMaterialsConsumed>
  <in-capmkt:PurchasesOfStockInTrade contextRef="OneD" unitRef="INR" decimals="-4">75620000</in-capmkt:PurchasesOfStockInTrade>
  <in-capmkt:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade contextRef="OneD" unitRef="INR" decimals="-3">19000</in-capmkt:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade>
  <in-capmkt:EmployeeBenefitExpense contextRef="OneD" unitRef="INR" decimals="-3">2391000</in-capmkt:EmployeeBenefitExpense>
  <in-capmkt:FinanceCosts contextRef="OneD" unitRef="INR" decimals="-3">3287000</in-capmkt:FinanceCosts>
  <in-capmkt:DepreciationDepletionAndAmortisationExpense contextRef="OneD" unitRef="INR" decimals="-3">3302000</in-capmkt:DepreciationDepletionAndAmortisationExpense>
  <in-capmkt:OtherExpenses contextRef="OneD" unitRef="INR" decimals="-3">3588000</in-capmkt:OtherExpenses>
  <in-capmkt:Expenses contextRef="OneD" unitRef="INR" decimals="-3">88207000</in-capmkt:Expenses>
  <in-capmkt:ProfitBeforeExceptionalItemsAndTax contextRef="OneD" unitRef="INR" decimals="-3">-7478000</in-capmkt:ProfitBeforeExceptionalItemsAndTax>
  <in-capmkt:ExceptionalItemsBeforeTax contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:ExceptionalItemsBeforeTax>
  <in-capmkt:ProfitBeforeTax contextRef="OneD" unitRef="INR" decimals="-3">-7478000</in-capmkt:ProfitBeforeTax>
  <in-capmkt:CurrentTax contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:CurrentTax>
  <in-capmkt:DeferredTax contextRef="OneD" unitRef="INR" decimals="-3">-1892000</in-capmkt:DeferredTax>
  <in-capmkt:TaxExpense contextRef="OneD" unitRef="INR" decimals="-3">-1892000</in-capmkt:TaxExpense>
  <in-capmkt:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement>
  <in-capmkt:ProfitLossForPeriodFromContinuingOperations contextRef="OneD" unitRef="INR" decimals="-3">-5586000</in-capmkt:ProfitLossForPeriodFromContinuingOperations>
  <in-capmkt:ProfitLossFromDiscontinuedOperationsBeforeTax contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:ProfitLossFromDiscontinuedOperationsBeforeTax>
  <in-capmkt:TaxExpenseOfDiscontinuedOperations contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:TaxExpenseOfDiscontinuedOperations>
  <in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:ProfitLossFromDiscontinuedOperationsAfterTax>
  <in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod>
  <in-capmkt:ProfitLossForPeriod contextRef="OneD" unitRef="INR" decimals="-3">-5586000</in-capmkt:ProfitLossForPeriod>
  <in-capmkt:OtherComprehensiveIncomeNetOfTaxes contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:OtherComprehensiveIncomeNetOfTaxes>
  <in-capmkt:ComprehensiveIncomeForThePeriod contextRef="OneD" unitRef="INR" decimals="-3">-5586000</in-capmkt:ComprehensiveIncomeForThePeriod>
  <in-capmkt:PaidUpValueOfEquityShareCapital contextRef="OneD" unitRef="INR" decimals="-3">139498000</in-capmkt:PaidUpValueOfEquityShareCapital>
  <in-capmkt:FaceValueOfEquityShareCapital contextRef="OneD" unitRef="INRPerShare" decimals="INF">2</in-capmkt:FaceValueOfEquityShareCapital>
  <in-capmkt:BasicEarningsLossPerShareFromContinuingOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">-0.08</in-capmkt:BasicEarningsLossPerShareFromContinuingOperations>
  <in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">-0.08</in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations>
  <in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">0</in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations>
  <in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">0</in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations>
  <in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">-0.08</in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations>
  <in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">-0.08</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations>
  <in-capmkt:DescriptionOfOtherExpenses contextRef="OneExpenses1D">Net Gain on fair value changes on derivatives</in-capmkt:DescriptionOfOtherExpenses>
  <in-capmkt:OtherExpenses contextRef="OneExpenses1D" unitRef="INR" decimals="-3">63000</in-capmkt:OtherExpenses>
  <in-capmkt:DescriptionOfOtherExpenses contextRef="OneExpenses2D">Other Expenses</in-capmkt:DescriptionOfOtherExpenses>
  <in-capmkt:OtherExpenses contextRef="OneExpenses2D" unitRef="INR" decimals="-3">3525000</in-capmkt:OtherExpenses>
  <in-capmkt:IncomeTaxRelatingToItemsThatWillNotBeReclassifiedToProfitOrLoss contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:IncomeTaxRelatingToItemsThatWillNotBeReclassifiedToProfitOrLoss>
  <in-capmkt:IncomeTaxRelatingToItemsThatWillBeReclassifiedToProfitOrLoss contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:IncomeTaxRelatingToItemsThatWillBeReclassifiedToProfitOrLoss>
  <in-capmkt:OtherComprehensiveIncome contextRef="OneD" unitRef="INR" decimals="-5">0</in-capmkt:OtherComprehensiveIncome>
  <in-capmkt:WhetherResultsAreAuditedOrUnauditedForImpactOfAuditQualification contextRef="OneD">Unaudited</in-capmkt:WhetherResultsAreAuditedOrUnauditedForImpactOfAuditQualification>
  <in-capmkt:DeclarationPursuantToClauseDOfSubRegulation3OfRegulation33OfSEBILODRRegulation2015 contextRef="OneD">true</in-capmkt:DeclarationPursuantToClauseDOfSubRegulation3OfRegulation33OfSEBILODRRegulation2015>
  <in-capmkt:AuditorsFirmName contextRef="D_Auditor1">M/S CLASS &amp; CO LLP</in-capmkt:AuditorsFirmName>
  <in-capmkt:WhetherTheFirmHoldsAValidPeerReviewCertificateIssuedByPeerReviewBoardOfICAI contextRef="D_Auditor1">true</in-capmkt:WhetherTheFirmHoldsAValidPeerReviewCertificateIssuedByPeerReviewBoardOfICAI>
  <in-capmkt:ValidityDateOfCertificate contextRef="D_Auditor1">2028-03-31</in-capmkt:ValidityDateOfCertificate>
</xbrli:xbrl>