diff --git a/component/pom.xml b/component/pom.xml
index 86bb3109..51276124 100644
--- a/component/pom.xml
+++ b/component/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.extension.siddhi.io.kafka</groupId>
         <artifactId>siddhi-io-kafka-parent</artifactId>
-        <version>4.0.5</version>
+        <version>4.0.6-SNAPSHOT</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 7f60dee3..8e7b3181 100644
--- a/pom.xml
+++ b/pom.xml
@@ -28,7 +28,7 @@
 
     <groupId>org.wso2.extension.siddhi.io.kafka</groupId>
     <artifactId>siddhi-io-kafka-parent</artifactId>
-    <version>4.0.5</version>
+    <version>4.0.6-SNAPSHOT</version>
     <name>Siddhi IO Kafka Extension Parent</name>
 
     <profiles>
@@ -66,7 +66,7 @@
         <url>https://github.com/wso2-extensions/siddhi-io-kafka.git</url>
         <developerConnection>scm:git:https://github.com/wso2-extensions/siddhi-io-kafka.git
         </developerConnection>
-        <tag>v4.0.5</tag>
+        <tag>HEAD</tag>
     </scm>
 
     <dependencyManagement>