diff --git a/resident/pom.xml b/resident/pom.xml
index e5eb0eb00df..967848c5a97 100644
--- a/resident/pom.xml
+++ b/resident/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>io.mosip.resident</groupId>
     <artifactId>resident-parent</artifactId>
-    <version>1.2.0-rc2-SNAPSHOT</version>
+    <version>1.2.0-prerel</version>
     <packaging>pom</packaging>
     <name>resident</name>
     <description>Parent project of MOSIP Resident</description>
diff --git a/resident/resident-service/pom.xml b/resident/resident-service/pom.xml
index 767a2ac42a0..b767ad20d50 100644
--- a/resident/resident-service/pom.xml
+++ b/resident/resident-service/pom.xml
@@ -7,15 +7,15 @@
 	<parent>
 		<groupId>io.mosip.resident</groupId>
 		<artifactId>resident-parent</artifactId>
-		<version>1.2.0-rc2-SNAPSHOT</version>
+		<version>1.2.0-prerel</version>
 	</parent>
 	<artifactId>resident-service</artifactId>
 	<name>resident-service</name>
-	<version>1.2.0-rc2-SNAPSHOT</version>
+	<version>1.2.0-prerel</version>
 	<properties>
-		<commons.packet.manager.version>1.2.0-rc2-SNAPSHOT</commons.packet.manager.version>
-		<kernel.core.version>1.2.0-rc2-SNAPSHOT</kernel.core.version>
-		<kernel-keymanager-service.version>1.2.0-rc2-SNAPSHOT</kernel-keymanager-service.version>
+		<commons.packet.manager.version>1.2.0-prerel</commons.packet.manager.version>
+		<kernel.core.version>1.2.0-prerel</kernel.core.version>
+		<kernel-keymanager-service.version>1.2.0-prerel</kernel-keymanager-service.version>
 		<springdoc.version>1.5.10</springdoc.version>
 		<project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
 	</properties>