diff --git a/adapter/pom.xml b/adapter/pom.xml
index 1c16c1a8b4..fde23ce8cc 100644
--- a/adapter/pom.xml
+++ b/adapter/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>choreo-connect-parent</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/distribution/pom.xml b/distribution/pom.xml
index c7f0c64353..ec99d1359e 100644
--- a/distribution/pom.xml
+++ b/distribution/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>choreo-connect-parent</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/enforcer-parent/commons/pom.xml b/enforcer-parent/commons/pom.xml
index 7e7bd43944..ded761ea4c 100644
--- a/enforcer-parent/commons/pom.xml
+++ b/enforcer-parent/commons/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>enforcer-parent</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/enforcer-parent/enforcer/pom.xml b/enforcer-parent/enforcer/pom.xml
index a35eabd518..3e977069ec 100644
--- a/enforcer-parent/enforcer/pom.xml
+++ b/enforcer-parent/enforcer/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>enforcer-parent</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/enforcer-parent/pom.xml b/enforcer-parent/pom.xml
index 5642e241fb..c8c749d663 100644
--- a/enforcer-parent/pom.xml
+++ b/enforcer-parent/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <artifactId>choreo-connect-parent</artifactId>
         <groupId>org.wso2.choreo.connect</groupId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/integration/mock-backend-server/pom.xml b/integration/mock-backend-server/pom.xml
index 61105b9391..b6ecd3c5cd 100644
--- a/integration/mock-backend-server/pom.xml
+++ b/integration/mock-backend-server/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>integration</artifactId>
         <groupId>org.wso2.choreo.connect</groupId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration/pom.xml b/integration/pom.xml
index 1d8c342e7b..cc8f4cbca0 100644
--- a/integration/pom.xml
+++ b/integration/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>choreo-connect-parent</artifactId>
         <groupId>org.wso2.choreo.connect</groupId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration/test-integration/pom.xml b/integration/test-integration/pom.xml
index 16d4526860..7a6ae284cf 100644
--- a/integration/test-integration/pom.xml
+++ b/integration/test-integration/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>integration</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index 71c47fca57..96c35ac38b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -21,7 +21,7 @@
     <groupId>org.wso2.choreo.connect</groupId>
     <artifactId>choreo-connect-parent</artifactId>
     <packaging>pom</packaging>
-    <version>1.2.0-beta2-SNAPSHOT</version>
+    <version>1.2.0</version>
     <name>Choreo Connect - Parent</name>
 
     <url>https://wso2.org</url>
@@ -40,7 +40,7 @@
         <url>https://github.com/wso2/product-microgateway.git</url>
         <developerConnection>scm:git:https://github.com/wso2/product-microgateway.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/product-microgateway.git</connection>
-        <tag>HEAD</tag>
+        <tag>v1.2.0-rc1</tag>
     </scm>
 
     <repositories>
diff --git a/router/pom.xml b/router/pom.xml
index ae81af05c9..e59e922448 100644
--- a/router/pom.xml
+++ b/router/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.choreo.connect</groupId>
         <artifactId>choreo-connect-parent</artifactId>
-        <version>1.2.0-beta2-SNAPSHOT</version>
+        <version>1.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>