diff --git a/modules/distribution/pom.xml b/modules/distribution/pom.xml
index ee1dd9a52..e56ca2a3b 100644
--- a/modules/distribution/pom.xml
+++ b/modules/distribution/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>org.wso2.carbon.sp.parent</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/pom.xml b/modules/integration/pom.xml
index 9acb977ec..ed6c58774 100644
--- a/modules/integration/pom.xml
+++ b/modules/integration/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>org.wso2.carbon.sp.parent</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/performance/pom.xml b/modules/performance/pom.xml
index 3d9909fb2..c343191c8 100644
--- a/modules/performance/pom.xml
+++ b/modules/performance/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>org.wso2.carbon.sp.parent</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/http-client/pom.xml b/modules/samples/sample-clients/http-client/pom.xml
index 97fc85f8c..5c4f2571a 100644
--- a/modules/samples/sample-clients/http-client/pom.xml
+++ b/modules/samples/sample-clients/http-client/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/http-server/pom.xml b/modules/samples/sample-clients/http-server/pom.xml
index 97234fe50..a3d220021 100644
--- a/modules/samples/sample-clients/http-server/pom.xml
+++ b/modules/samples/sample-clients/http-server/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/jms-consumer/pom.xml b/modules/samples/sample-clients/jms-consumer/pom.xml
index 6344b350e..663bb00ac 100644
--- a/modules/samples/sample-clients/jms-consumer/pom.xml
+++ b/modules/samples/sample-clients/jms-consumer/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/jms-producer/pom.xml b/modules/samples/sample-clients/jms-producer/pom.xml
index c4dcb9cc4..d1628310a 100644
--- a/modules/samples/sample-clients/jms-producer/pom.xml
+++ b/modules/samples/sample-clients/jms-producer/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/kafka-consumer/pom.xml b/modules/samples/sample-clients/kafka-consumer/pom.xml
index 21f0d9ee9..c31c548a5 100644
--- a/modules/samples/sample-clients/kafka-consumer/pom.xml
+++ b/modules/samples/sample-clients/kafka-consumer/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/kafka-producer/pom.xml b/modules/samples/sample-clients/kafka-producer/pom.xml
index 9a55fa7f0..a366691b4 100644
--- a/modules/samples/sample-clients/kafka-producer/pom.xml
+++ b/modules/samples/sample-clients/kafka-producer/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/mqtt-client/pom.xml b/modules/samples/sample-clients/mqtt-client/pom.xml
index c18107340..a3c060c46 100644
--- a/modules/samples/sample-clients/mqtt-client/pom.xml
+++ b/modules/samples/sample-clients/mqtt-client/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/mqtt-consumer/pom.xml b/modules/samples/sample-clients/mqtt-consumer/pom.xml
index d24cc0853..7633951a5 100644
--- a/modules/samples/sample-clients/mqtt-consumer/pom.xml
+++ b/modules/samples/sample-clients/mqtt-consumer/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/pom.xml b/modules/samples/sample-clients/pom.xml
index 0df47034f..0c2d845e8 100644
--- a/modules/samples/sample-clients/pom.xml
+++ b/modules/samples/sample-clients/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>org.wso2.carbon.sp.parent</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/rabbitmq-consumer/pom.xml b/modules/samples/sample-clients/rabbitmq-consumer/pom.xml
index fee1ea7fa..dfa105d5e 100644
--- a/modules/samples/sample-clients/rabbitmq-consumer/pom.xml
+++ b/modules/samples/sample-clients/rabbitmq-consumer/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/rabbitmq-producer/pom.xml b/modules/samples/sample-clients/rabbitmq-producer/pom.xml
index 166185395..14f0d0563 100644
--- a/modules/samples/sample-clients/rabbitmq-producer/pom.xml
+++ b/modules/samples/sample-clients/rabbitmq-producer/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/tcp-client/pom.xml b/modules/samples/sample-clients/tcp-client/pom.xml
index 6eca5d8f5..4e47d952f 100644
--- a/modules/samples/sample-clients/tcp-client/pom.xml
+++ b/modules/samples/sample-clients/tcp-client/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/tcp-server/pom.xml b/modules/samples/sample-clients/tcp-server/pom.xml
index 73caded00..5f9ee5d4b 100644
--- a/modules/samples/sample-clients/tcp-server/pom.xml
+++ b/modules/samples/sample-clients/tcp-server/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/websocket-producer/pom.xml b/modules/samples/sample-clients/websocket-producer/pom.xml
index 4e0b7ae4e..722db96a3 100644
--- a/modules/samples/sample-clients/websocket-producer/pom.xml
+++ b/modules/samples/sample-clients/websocket-producer/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>sample-clients</artifactId>
         <groupId>org.wso2.sp</groupId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <name>WSO2 Stream Processor - Sample - WebSocket Client</name>
diff --git a/modules/samples/sample-clients/websocket-receiver/pom.xml b/modules/samples/sample-clients/websocket-receiver/pom.xml
index 5e9dafa9f..490eb0429 100644
--- a/modules/samples/sample-clients/websocket-receiver/pom.xml
+++ b/modules/samples/sample-clients/websocket-receiver/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>sample-clients</artifactId>
         <groupId>org.wso2.sp</groupId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <name>WSO2 Stream Processor - Sample - WebSocket Consumer</name>
diff --git a/modules/samples/sample-clients/wso2event-client/pom.xml b/modules/samples/sample-clients/wso2event-client/pom.xml
index ee5f07124..eed6a4881 100644
--- a/modules/samples/sample-clients/wso2event-client/pom.xml
+++ b/modules/samples/sample-clients/wso2event-client/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/samples/sample-clients/wso2event-server/pom.xml b/modules/samples/sample-clients/wso2event-server/pom.xml
index a5f4d06ad..186464523 100644
--- a/modules/samples/sample-clients/wso2event-server/pom.xml
+++ b/modules/samples/sample-clients/wso2event-server/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>sample-clients</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/tests/pom.xml b/modules/tests/pom.xml
index 4f1ec7296..41be613c6 100644
--- a/modules/tests/pom.xml
+++ b/modules/tests/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.sp</groupId>
         <artifactId>org.wso2.carbon.sp.parent</artifactId>
-        <version>4.1.1-SNAPSHOT</version>
+        <version>4.2.0-M1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index 5b34786e8..d474da6c2 100644
--- a/pom.xml
+++ b/pom.xml
@@ -28,7 +28,7 @@
     <groupId>org.wso2.sp</groupId>
     <artifactId>org.wso2.carbon.sp.parent</artifactId>
     <packaging>pom</packaging>
-    <version>4.1.1-SNAPSHOT</version>
+    <version>4.2.0-M1</version>
     <name>WSO2 Stream Processor - Parent</name>
 
     <url>http://wso2.org</url>
@@ -37,7 +37,7 @@
         <url>https://github.com/wso2/product-sp.git</url>
         <developerConnection>scm:git:https://github.com/wso2/product-sp.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/product-sp.git</connection>
-        <tag>HEAD</tag>
+        <tag>v4.2.0-M1</tag>
     </scm>
 
     <dependencyManagement>