diff --git a/modules/p2-profile-gen/carbon.product b/modules/p2-profile-gen/carbon.product
index cde43089221..3e7ce63a37f 100644
--- a/modules/p2-profile-gen/carbon.product
+++ b/modules/p2-profile-gen/carbon.product
@@ -2,7 +2,7 @@
 <?pde version="3.5"?>
 
 <product name="Carbon Product" uid="carbon.product.id" id="carbon.product" application="carbon.application"
-version="4.9.15" useFeatures="true" includeLaunchers="true">
+version="4.9.16" useFeatures="true" includeLaunchers="true">
 
    <configIni use="default">
    </configIni>
@@ -14,7 +14,7 @@ version="4.9.15" useFeatures="true" includeLaunchers="true">
    </plugins>
 
    <features>
-      <feature id="org.wso2.carbon.core.runtime" version="4.9.15"/>
+      <feature id="org.wso2.carbon.core.runtime" version="4.9.16"/>
    </features>
 
   <configurations>
diff --git a/pom.xml b/pom.xml
index c7bb92e1fec..797c519ade7 100755
--- a/pom.xml
+++ b/pom.xml
@@ -2438,7 +2438,7 @@
         <charon.version>3.4.1</charon.version>
 
         <!-- Carbon Kernel -->
-        <carbon.kernel.version>4.9.15</carbon.kernel.version>
+        <carbon.kernel.version>4.9.16</carbon.kernel.version>
 
         <!-- Identity Verification -->
         <identity.verification.version>1.0.6</identity.verification.version>