diff --git a/bbsim/Chart.yaml b/bbsim/Chart.yaml
index b919cca..87ff6bb 100644
--- a/bbsim/Chart.yaml
+++ b/bbsim/Chart.yaml
@@ -1,4 +1,4 @@
-# Copyright 2018-2023 Open Networking Foundation (ONF) and the ONF Contributors
+# Copyright 2018-2025 Open Networking Foundation (ONF) and the ONF Contributors
 #
 # Licensed under the Apache License, Version 2.0 (the "License");
 # you may not use this file except in compliance with the License.
@@ -16,5 +16,10 @@
 description: Broadband Simulator
 icon: https://guide.opencord.org/logos/cord.svg
 apiVersion: v1
-version: 4.8.10
-appVersion: 1.15.2
+
+## Chart version for package 'bbsim'
+##   Increment when Chart.yaml changes
+version: 4.8.11
+
+# appVersion refers to release version of bbsim
+appVersion: 1.16.7