diff --git a/pom.xml b/pom.xml
index 3824f522b8..422aeaef3b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -1215,7 +1215,7 @@
         <javax.ws.rs.version>1.1.1</javax.ws.rs.version>
 
         <!-- Carbon Device Management -->
-        <carbon.devicemgt.version>3.0.239</carbon.devicemgt.version>
+        <carbon.devicemgt.version>3.0.240</carbon.devicemgt.version>
         <carbon.devicemgt.version.range>[3.0.0, 4.0.0)</carbon.devicemgt.version.range>
 
         <!-- Carbon App Management -->