diff --git a/component/pom.xml b/component/pom.xml
index 26314a2f..192e0ed5 100644
--- a/component/pom.xml
+++ b/component/pom.xml
@@ -16,13 +16,11 @@
   ~ 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/xsd/maven-4.0.0.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/xsd/maven-4.0.0.xsd">
     <parent>
         <groupId>io.siddhi.extension.io.grpc</groupId>
         <artifactId>siddhi-io-grpc-parent</artifactId>
-        <version>1.0.0-SNAPSHOT</version>
+        <version>1.0.0-beta</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <artifactId>siddhi-io-grpc</artifactId>
diff --git a/pom.xml b/pom.xml
index 5e1799e6..08c37c59 100644
--- a/pom.xml
+++ b/pom.xml
@@ -16,9 +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/xsd/maven-4.0.0.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/xsd/maven-4.0.0.xsd">
     <parent>
         <groupId>org.wso2</groupId>
         <artifactId>wso2</artifactId>
@@ -28,7 +26,7 @@
     <packaging>pom</packaging>
     <groupId>io.siddhi.extension.io.grpc</groupId>
     <artifactId>siddhi-io-grpc-parent</artifactId>
-    <version>1.0.0-SNAPSHOT</version>
+    <version>1.0.0-beta</version>
     <name>Siddhi I/O grpc</name>
 
     <modules>
@@ -221,6 +219,6 @@
         <url>https://github.com/siddhi-io/siddhi-io-grpc.git</url>
         <developerConnection>scm:git:https://github.com/siddhi-io/siddhi-io-grpc.git</developerConnection>
         <connection>scm:git:https://github.com/siddhi-io/siddhi-io-grpc.git</connection>
-        <tag>HEAD</tag>
+        <tag>v1.0.0-beta</tag>
     </scm>
 </project>