diff --git a/.github/workflows/update-version.yml b/.github/workflows/update-version.yml
new file mode 100644
index 0000000..c568910
--- /dev/null
+++ b/.github/workflows/update-version.yml
@@ -0,0 +1,35 @@
+name: 'Update Version'
+on:
+  push:
+    branches:
+      - '_update-deps/runtimeverification/k'
+  workflow_dispatch:
+concurrency:
+  group: ${{ github.workflow }}-${{ github.ref }}
+  cancel-in-progress: true
+
+jobs:
+
+  update-versions:
+    name: 'Update Dependency Versions'
+    runs-on: ubuntu-latest
+    steps:
+      - name: 'Check out code'
+        uses: actions/checkout@v4
+        with:
+          token: ${{ secrets.JENKINS_GITHUB_PAT }}
+      - name: 'Configure GitHub user'
+        run: |
+          git config user.name devops
+          git config user.email devops@runtimeverification.com
+      - name: 'Install Poetry'
+        uses: Gr1N/setup-poetry@v9
+      - name: 'Update kframework release tag'
+        run: |
+          K_VERSION=$(cat deps/k_release)
+          sed -i 's!kframework = "[0-9\.]*"!kframework = "'${K_VERSION}'"!' pyproject.toml
+          poetry update
+          git add .pyproject.toml poetry.lock
+          git commit -m "Sync Poetry files: kframework ${K_VERSION}" || true
+      - name: 'Push updates'
+        run: git push