diff --git a/modules/distribution/pom.xml b/modules/distribution/pom.xml
index 69e1b99d..cfbcebd5 100644
--- a/modules/distribution/pom.xml
+++ b/modules/distribution/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/pom.xml b/modules/features/pom.xml
index c8a9a830..9e41baec 100644
--- a/modules/features/pom.xml
+++ b/modules/features/pom.xml
@@ -22,7 +22,7 @@
     <parent>
     	<groupId>org.wso2.mb</groupId>
     	<artifactId>mb-parent</artifactId>
-    	<version>3.2.0-SNAPSHOT</version>
+    	<version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/product/org.wso2.mb.styles.feature/pom.xml b/modules/features/product/org.wso2.mb.styles.feature/pom.xml
index f5779e91..6c21837c 100644
--- a/modules/features/product/org.wso2.mb.styles.feature/pom.xml
+++ b/modules/features/product/org.wso2.mb.styles.feature/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-features</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/product/pom.xml b/modules/features/product/pom.xml
index 8b49be76..e3eb195f 100644
--- a/modules/features/product/pom.xml
+++ b/modules/features/product/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
     	<artifactId>mb-features-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/service/org.wso2.stratos.mb.dashboard.ui.feature/pom.xml b/modules/features/service/org.wso2.stratos.mb.dashboard.ui.feature/pom.xml
index b2f1a10b..e479a58d 100644
--- a/modules/features/service/org.wso2.stratos.mb.dashboard.ui.feature/pom.xml
+++ b/modules/features/service/org.wso2.stratos.mb.dashboard.ui.feature/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>wso2stratos-mb-features</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/service/org.wso2.stratos.mb.login.ui.feature/pom.xml b/modules/features/service/org.wso2.stratos.mb.login.ui.feature/pom.xml
index 8ca24591..367ec4f0 100644
--- a/modules/features/service/org.wso2.stratos.mb.login.ui.feature/pom.xml
+++ b/modules/features/service/org.wso2.stratos.mb.login.ui.feature/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>wso2stratos-mb-features</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/service/pom.xml b/modules/features/service/pom.xml
index bc71c0bd..7a1e3d44 100644
--- a/modules/features/service/pom.xml
+++ b/modules/features/service/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
     	<artifactId>mb-features-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/pom.xml b/modules/integration/pom.xml
index b160246c..399818ad 100644
--- a/modules/integration/pom.xml
+++ b/modules/integration/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/admin-clients/pom.xml b/modules/integration/tests-common/admin-clients/pom.xml
index 86aa2510..2634a999 100644
--- a/modules/integration/tests-common/admin-clients/pom.xml
+++ b/modules/integration/tests-common/admin-clients/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/integration-tests-utils/pom.xml b/modules/integration/tests-common/integration-tests-utils/pom.xml
index 86af23e3..99fc5980 100644
--- a/modules/integration/tests-common/integration-tests-utils/pom.xml
+++ b/modules/integration/tests-common/integration-tests-utils/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/platform-tests-utils/pom.xml b/modules/integration/tests-common/platform-tests-utils/pom.xml
index 6b5658b0..69a306cf 100644
--- a/modules/integration/tests-common/platform-tests-utils/pom.xml
+++ b/modules/integration/tests-common/platform-tests-utils/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/pom.xml b/modules/integration/tests-integration/pom.xml
index 35bfc8f6..f9f28699 100644
--- a/modules/integration/tests-integration/pom.xml
+++ b/modules/integration/tests-integration/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/reports/pom.xml b/modules/integration/tests-integration/reports/pom.xml
index 95c9ddf0..f1444c8d 100644
--- a/modules/integration/tests-integration/reports/pom.xml
+++ b/modules/integration/tests-integration/reports/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>org.wso2.mb.integration.tests</artifactId>
         <groupId>org.wso2.mb</groupId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/tests-amqp/pom.xml b/modules/integration/tests-integration/tests-amqp/pom.xml
index 925ce0f8..ffe78846 100644
--- a/modules/integration/tests-integration/tests-amqp/pom.xml
+++ b/modules/integration/tests-integration/tests-amqp/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>org.wso2.mb.integration.tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/tests-mqtt/pom.xml b/modules/integration/tests-integration/tests-mqtt/pom.xml
index 01fe7f42..556a3441 100644
--- a/modules/integration/tests-integration/tests-mqtt/pom.xml
+++ b/modules/integration/tests-integration/tests-mqtt/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>org.wso2.mb.integration.tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/tests-server/pom.xml b/modules/integration/tests-integration/tests-server/pom.xml
index f60be708..6d4ca547 100644
--- a/modules/integration/tests-integration/tests-server/pom.xml
+++ b/modules/integration/tests-integration/tests-server/pom.xml
@@ -3,7 +3,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>org.wso2.mb.integration.tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-platform/pom.xml b/modules/integration/tests-platform/pom.xml
index 1359a547..f42e7d87 100644
--- a/modules/integration/tests-platform/pom.xml
+++ b/modules/integration/tests-platform/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-platform/tests-clustering/pom.xml b/modules/integration/tests-platform/tests-clustering/pom.xml
index 819be560..ef320794 100644
--- a/modules/integration/tests-platform/tests-clustering/pom.xml
+++ b/modules/integration/tests-platform/tests-clustering/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>org.wso2.mb.platform.tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-ui-integration/pom.xml b/modules/integration/tests-ui-integration/pom.xml
index 9590383e..65860a6a 100644
--- a/modules/integration/tests-ui-integration/pom.xml
+++ b/modules/integration/tests-ui-integration/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-integration-tests</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/org.wso2.stratos.mb.dashboard.ui/pom.xml b/modules/org.wso2.stratos.mb.dashboard.ui/pom.xml
index 11589ed3..645b1385 100644
--- a/modules/org.wso2.stratos.mb.dashboard.ui/pom.xml
+++ b/modules/org.wso2.stratos.mb.dashboard.ui/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/org.wso2.stratos.mb.login.ui/pom.xml b/modules/org.wso2.stratos.mb.login.ui/pom.xml
index 2becc48d..aff0d39f 100644
--- a/modules/org.wso2.stratos.mb.login.ui/pom.xml
+++ b/modules/org.wso2.stratos.mb.login.ui/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/pom.xml b/modules/p2-profile/pom.xml
index ab5e12b4..93172503 100644
--- a/modules/p2-profile/pom.xml
+++ b/modules/p2-profile/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/styles/pom.xml b/modules/styles/pom.xml
index 1bbea6d8..e179e533 100644
--- a/modules/styles/pom.xml
+++ b/modules/styles/pom.xml
@@ -22,7 +22,7 @@
     <parent>
     	<groupId>org.wso2.mb</groupId>
     	<artifactId>mb-parent</artifactId>
-    	<version>3.2.0-SNAPSHOT</version>
+    	<version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/styles/product/pom.xml b/modules/styles/product/pom.xml
index de3ccf57..c9b196bf 100644
--- a/modules/styles/product/pom.xml
+++ b/modules/styles/product/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
         <artifactId>mb-styles-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/styles/service/pom.xml b/modules/styles/service/pom.xml
index fa636592..90469caa 100644
--- a/modules/styles/service/pom.xml
+++ b/modules/styles/service/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.mb</groupId>
     	<artifactId>mb-styles-parent</artifactId>
-        <version>3.2.0-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index 0aaccb3c..8750ff41 100644
--- a/pom.xml
+++ b/pom.xml
@@ -29,7 +29,7 @@
     <groupId>org.wso2.mb</groupId>
     <artifactId>mb-parent</artifactId>
     <packaging>pom</packaging>
-    <version>3.2.0-SNAPSHOT</version>
+    <version>3.2.0</version>
     <name>WSO2 MB</name>
     <url>http://wso2.org/projects/mb/java</url>
     <description>WSO2 Message Broker Server</description>
@@ -45,7 +45,7 @@
         <url>https://github.com/wso2/product-mb.git</url>
         <developerConnection>scm:git:https://github.com/wso2/product-mb.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/product-mb.git</connection>
-        <tag>HEAD</tag>
+        <tag>v3.2.0-RC2</tag>
     </scm>
 
     <modules>
@@ -464,7 +464,7 @@
         <andes.version>3.2.19</andes.version>
         <analytics.shared.version>1.0.3</analytics.shared.version>
         <!--product version-->
-        <product.mb.version>3.2.0-SNAPSHOT</product.mb.version>
+        <product.mb.version>3.2.0</product.mb.version>
         <!--automation and tests-->
         <carbon.testautomation.version>4.4.2</carbon.testautomation.version>
         <carbon.integration.version>4.4.0</carbon.integration.version>