diff --git a/components/org.wso2.openbanking.cds.common/pom.xml b/components/org.wso2.openbanking.cds.common/pom.xml
index 8e0c64cb..46701ed6 100644
--- a/components/org.wso2.openbanking.cds.common/pom.xml
+++ b/components/org.wso2.openbanking.cds.common/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au-components</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/org.wso2.openbanking.cds.consent.extensions/pom.xml b/components/org.wso2.openbanking.cds.consent.extensions/pom.xml
index 3b522d82..d10a70ed 100644
--- a/components/org.wso2.openbanking.cds.consent.extensions/pom.xml
+++ b/components/org.wso2.openbanking.cds.consent.extensions/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au-components</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/org.wso2.openbanking.cds.demo.backend/pom.xml b/components/org.wso2.openbanking.cds.demo.backend/pom.xml
index 240db1c9..e0ed31b6 100644
--- a/components/org.wso2.openbanking.cds.demo.backend/pom.xml
+++ b/components/org.wso2.openbanking.cds.demo.backend/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au-components</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/org.wso2.openbanking.cds.gateway/pom.xml b/components/org.wso2.openbanking.cds.gateway/pom.xml
index 8c6d866b..317bd61e 100644
--- a/components/org.wso2.openbanking.cds.gateway/pom.xml
+++ b/components/org.wso2.openbanking.cds.gateway/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/org.wso2.openbanking.cds.identity/pom.xml b/components/org.wso2.openbanking.cds.identity/pom.xml
index 535c29a1..2b9e240c 100644
--- a/components/org.wso2.openbanking.cds.identity/pom.xml
+++ b/components/org.wso2.openbanking.cds.identity/pom.xml
@@ -24,7 +24,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au-components</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/org.wso2.openbanking.cds.metrics/pom.xml b/components/org.wso2.openbanking.cds.metrics/pom.xml
index ce1be220..b5573ae1 100644
--- a/components/org.wso2.openbanking.cds.metrics/pom.xml
+++ b/components/org.wso2.openbanking.cds.metrics/pom.xml
@@ -24,7 +24,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au-components</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/components/pom.xml b/components/pom.xml
index 640e6824..fd0bf4ad 100644
--- a/components/pom.xml
+++ b/components/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration-test-suite/cds-toolkit-integration-test/pom.xml b/integration-test-suite/cds-toolkit-integration-test/pom.xml
index 6b1f7ca0..f324d408 100644
--- a/integration-test-suite/cds-toolkit-integration-test/pom.xml
+++ b/integration-test-suite/cds-toolkit-integration-test/pom.xml
@@ -22,13 +22,13 @@
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>cds-toolkit-integration-test</artifactId>
-    <version>1.1.1-SNAPSHOT</version>
+    <version>1.1.1</version>
     <packaging>jar</packaging>
 
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>integration-test-suite</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration-test-suite/cds-toolkit-test-framework/pom.xml b/integration-test-suite/cds-toolkit-test-framework/pom.xml
index f5cf63d2..4d494ab9 100644
--- a/integration-test-suite/cds-toolkit-test-framework/pom.xml
+++ b/integration-test-suite/cds-toolkit-test-framework/pom.xml
@@ -21,13 +21,13 @@
          xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
     <modelVersion>4.0.0</modelVersion>
     <artifactId>cds-toolkit-test-framework</artifactId>
-    <version>1.1.1-SNAPSHOT</version>
+    <version>1.1.1</version>
     <packaging>jar</packaging>
 
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>integration-test-suite</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration-test-suite/pom.xml b/integration-test-suite/pom.xml
index 63dcba41..ee9bdc31 100644
--- a/integration-test-suite/pom.xml
+++ b/integration-test-suite/pom.xml
@@ -22,7 +22,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>org.wso2.openbanking</groupId>
     <artifactId>integration-test-suite</artifactId>
-    <version>1.1.1-SNAPSHOT</version>
+    <version>1.1.1</version>
     <packaging>pom</packaging>
 
     <modules>
diff --git a/integration-test-suite/test-artifacts/custom-authenticator-sms-otp/identity-outbound-auth-sms-otp/pom.xml b/integration-test-suite/test-artifacts/custom-authenticator-sms-otp/identity-outbound-auth-sms-otp/pom.xml
index cc038798..2bcff59c 100644
--- a/integration-test-suite/test-artifacts/custom-authenticator-sms-otp/identity-outbound-auth-sms-otp/pom.xml
+++ b/integration-test-suite/test-artifacts/custom-authenticator-sms-otp/identity-outbound-auth-sms-otp/pom.xml
@@ -143,7 +143,7 @@
             <dependency>
                 <groupId>org.apache.oltu.oauth2</groupId>
                 <artifactId>org.apache.oltu.oauth2.common</artifactId>
-                <version>1.1.1-SNAPSHOT</version>
+                <version>1.1.1</version>
             </dependency>
             <dependency>
                 <groupId>org.json.wso2</groupId>
diff --git a/internal-apis/internal-webapps/org.wso2.openbanking.cds.account.type.management.endpoint/pom.xml b/internal-apis/internal-webapps/org.wso2.openbanking.cds.account.type.management.endpoint/pom.xml
index 9e60588a..6779fead 100644
--- a/internal-apis/internal-webapps/org.wso2.openbanking.cds.account.type.management.endpoint/pom.xml
+++ b/internal-apis/internal-webapps/org.wso2.openbanking.cds.account.type.management.endpoint/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>internal-apis</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/internal-apis/internal-webapps/org.wso2.openbanking.cds.arrangement.revocation.endpoint/pom.xml b/internal-apis/internal-webapps/org.wso2.openbanking.cds.arrangement.revocation.endpoint/pom.xml
index 2285dc3f..eaa8bd57 100644
--- a/internal-apis/internal-webapps/org.wso2.openbanking.cds.arrangement.revocation.endpoint/pom.xml
+++ b/internal-apis/internal-webapps/org.wso2.openbanking.cds.arrangement.revocation.endpoint/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>internal-apis</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/internal-apis/internal-webapps/org.wso2.openbanking.cds.metadata.mgt.endpoint/pom.xml b/internal-apis/internal-webapps/org.wso2.openbanking.cds.metadata.mgt.endpoint/pom.xml
index b0bac56a..45a71912 100644
--- a/internal-apis/internal-webapps/org.wso2.openbanking.cds.metadata.mgt.endpoint/pom.xml
+++ b/internal-apis/internal-webapps/org.wso2.openbanking.cds.metadata.mgt.endpoint/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/internal-apis/internal-webapps/org.wso2.openbanking.cds.metrics.endpoint/pom.xml b/internal-apis/internal-webapps/org.wso2.openbanking.cds.metrics.endpoint/pom.xml
index 32d281bd..f7c51541 100644
--- a/internal-apis/internal-webapps/org.wso2.openbanking.cds.metrics.endpoint/pom.xml
+++ b/internal-apis/internal-webapps/org.wso2.openbanking.cds.metrics.endpoint/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/internal-apis/pom.xml b/internal-apis/pom.xml
index 44e4859b..15d73b9a 100644
--- a/internal-apis/pom.xml
+++ b/internal-apis/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 8fa8f45d..7149c905 100644
--- a/pom.xml
+++ b/pom.xml
@@ -23,7 +23,7 @@
     <groupId>org.wso2.openbanking</groupId>
     <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
     <packaging>pom</packaging>
-    <version>1.1.1-SNAPSHOT</version>
+    <version>1.1.1</version>
     <parent>
         <groupId>org.wso2</groupId>
         <artifactId>wso2</artifactId>
diff --git a/react-apps/pom.xml b/react-apps/pom.xml
index 7e151b2c..7b8d5dc4 100644
--- a/react-apps/pom.xml
+++ b/react-apps/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
         <groupId>org.wso2.openbanking</groupId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/toolkits/ob-apim/pom.xml b/toolkits/ob-apim/pom.xml
index e6bee06b..012b913f 100644
--- a/toolkits/ob-apim/pom.xml
+++ b/toolkits/ob-apim/pom.xml
@@ -25,7 +25,7 @@
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>open-banking-toolkit-cds-modules</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/toolkits/ob-bi/pom.xml b/toolkits/ob-bi/pom.xml
index 739cfa86..6c93d533 100644
--- a/toolkits/ob-bi/pom.xml
+++ b/toolkits/ob-bi/pom.xml
@@ -25,7 +25,7 @@
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>open-banking-toolkit-cds-modules</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/toolkits/ob-is/pom.xml b/toolkits/ob-is/pom.xml
index 10de0e11..6966838b 100644
--- a/toolkits/ob-is/pom.xml
+++ b/toolkits/ob-is/pom.xml
@@ -24,7 +24,7 @@
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>open-banking-toolkit-cds-modules</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/toolkits/pom.xml b/toolkits/pom.xml
index b491b86b..49553e9a 100644
--- a/toolkits/pom.xml
+++ b/toolkits/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.openbanking</groupId>
         <artifactId>reference-implementation-consumerdatastandards-au</artifactId>
-        <version>1.1.1-SNAPSHOT</version>
+        <version>1.1.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>