diff --git a/modules/distribution/src/resources/plugins/plugins-deployer.xml b/modules/distribution/src/resources/plugins/plugins-deployer.xml
index db5f59ec..2f81c40e 100644
--- a/modules/distribution/src/resources/plugins/plugins-deployer.xml
+++ b/modules/distribution/src/resources/plugins/plugins-deployer.xml
@@ -218,6 +218,6 @@
         </repository>
     </repositories>
     <properties>
-        <carbon.device.mgt.plugin.version>3.0.1-SNAPSHOT</carbon.device.mgt.plugin.version>
+        <carbon.device.mgt.plugin.version>3.0.1</carbon.device.mgt.plugin.version>
     </properties>
 </project>
\ No newline at end of file
diff --git a/pom.xml b/pom.xml
index e28d7b09..b7197b4b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -1542,14 +1542,14 @@
         <carbon.governance.version>4.6.4</carbon.governance.version>
 
         <!-- Carbon Device Management -->
-        <carbon.device.mgt.version>2.0.1-SNAPSHOT</carbon.device.mgt.version>
+        <carbon.device.mgt.version>2.0.1</carbon.device.mgt.version>
         <carbon.device.mgt.version.range>[2.0.0, 3.0.0)</carbon.device.mgt.version.range>
 
         <!-- IOT Device Management -->
         <product.iot.version>1.0.0-SNAPSHOT</product.iot.version>
 
         <!-- Carbon Device Management Plugins-->
-        <carbon.device.mgt.plugin.version>3.0.1-SNAPSHOT</carbon.device.mgt.plugin.version>
+        <carbon.device.mgt.plugin.version>3.0.1</carbon.device.mgt.plugin.version>
 
         <!-- API Management -->
         <carbon.api.mgt.version>6.0.5</carbon.api.mgt.version>
@@ -1736,7 +1736,7 @@
                 <artifactId>maven-release-plugin</artifactId>
                 <configuration>
                     <preparationGoals>clean install</preparationGoals>
-                    <autoVersionSubmodules>false</autoVersionSubmodules>
+                    <autoVersionSubmodules>true</autoVersionSubmodules>
                 </configuration>
             </plugin>
             <plugin>