diff --git a/components/org.wso2.identity.webhook.common.event.handler/pom.xml b/components/org.wso2.identity.webhook.common.event.handler/pom.xml
index 693f43c..18b5cd5 100644
--- a/components/org.wso2.identity.webhook.common.event.handler/pom.xml
+++ b/components/org.wso2.identity.webhook.common.event.handler/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>identity-webhook-event-handlers</artifactId>
         <groupId>org.wso2.identity.webhook.event.handlers</groupId>
-        <version>1.0.0-SNAPSHOT</version>
+        <version>1.0.1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/components/org.wso2.identity.webhook.wso2.event.handler/pom.xml b/components/org.wso2.identity.webhook.wso2.event.handler/pom.xml
index 04f24fc..5541d17 100644
--- a/components/org.wso2.identity.webhook.wso2.event.handler/pom.xml
+++ b/components/org.wso2.identity.webhook.wso2.event.handler/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>identity-webhook-event-handlers</artifactId>
         <groupId>org.wso2.identity.webhook.event.handlers</groupId>
-        <version>1.0.0-SNAPSHOT</version>
+        <version>1.0.1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index 93d2bb5..a0f00d8 100644
--- a/pom.xml
+++ b/pom.xml
@@ -16,8 +16,7 @@
   ~ specific language governing permissions and limitations
   ~ under the License.
   -->
-<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
-         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/maven-v4_0_0.xsd">
+<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/maven-v4_0_0.xsd">
     <parent>
         <groupId>org.wso2</groupId>
         <artifactId>wso2</artifactId>
@@ -26,7 +25,7 @@
 
     <groupId>org.wso2.identity.webhook.event.handlers</groupId>
     <modelVersion>4.0.0</modelVersion>
-    <version>1.0.0-SNAPSHOT</version>
+    <version>1.0.1</version>
     <artifactId>identity-webhook-event-handlers</artifactId>
 
     <packaging>pom</packaging>
@@ -39,7 +38,7 @@
         <developerConnection>scm:git:https://github.com/wso2-extensions/identity-webhook-event-handlers.git
         </developerConnection>
         <connection>scm:git:https://github.com/wso2-extensions/identity-webhook-event-handlers.git</connection>
-        <tag>HEAD</tag>
+        <tag>v1.0.1</tag>
     </scm>
 
     <modules>