diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0519002..a9f950a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,8 @@
## [Unreleased]
+- chore: bump chart version to '0.1.49'
+- chore: Update changelog for refs/heads/main ([#26](https://github.com/spotinst/terraform-ocean-kubernetes-controller/issues/26))
diff --git a/README.md b/README.md
index cc00a51..bcf03ad 100644
--- a/README.md
+++ b/README.md
@@ -29,7 +29,7 @@ module "kubernetes-controller" {
|------|-------------|------|---------|:--------:|
| [base\_url](#input\_base\_url) | Specifies the base URL to be used by the HTTP client | `string` | `null` | no |
| [ca\_bundle\_secret\_name](#input\_ca\_bundle\_secret\_name) | Overrides the default secret name for custom CA bundle | `string` | `null` | no |
-| [chart\_version](#input\_chart\_version) | Specifies the version of the Helm chart to be installed | `string` | `"0.1.47"` | no |
+| [chart\_version](#input\_chart\_version) | Specifies the version of the Helm chart to be installed | `string` | `"0.1.49"` | no |
| [cluster\_identifier](#input\_cluster\_identifier) | Specifies the cluster identifier | `string` | `null` | no |
| [config\_map\_name](#input\_config\_map\_name) | Overrides the default configmap name | `string` | `null` | no |
| [controller\_image](#input\_controller\_image) | Specifies the Docker image name for the Ocean Controller that should be deployed | `string` | `null` | no |
diff --git a/variables.tf b/variables.tf
index 1377dd0..7b71f06 100644
--- a/variables.tf
+++ b/variables.tf
@@ -1,7 +1,7 @@
variable "chart_version" {
type = string
description = "Specifies the version of the Helm chart to be installed"
- default = "0.1.47"
+ default = "0.1.49"
nullable = false
}