Mesh doesn't get rendered in Player when using Graphics.DrawMeshInstanced

How to reproduce:
1. Open the attached project “IN_7570”
2. Open “SampleScene” in Scenes
3. Enter the Play Mode
4. Observe the Game View
5. Press File → Build And Run
6. Observe the Player

Expected result: Mesh is rendered in Player
Actual result: Mesh is not rendered in Player

Reproducible with: 2020.3.39f1, 2021.3.9f1, 2022.1.14f1, 2022.2.0b7, 2023.1.0a9

Reproducible on: Windows 10 Pro

Workaround:
1. Create a new material
2. Enable GPU Instancing
3. Attach newly created material to “Plane” GameObject