diff --git a/ci/release/update-version.sh b/ci/release/update-version.sh
index 6a7e319f5d..7a69b95da1 100755
--- a/ci/release/update-version.sh
+++ b/ci/release/update-version.sh
@@ -47,10 +47,6 @@ sed_runner 's/'"branch-.*\/RAPIDS.cmake"'/'"branch-${NEXT_SHORT_TAG}\/RAPIDS.cma
 sed_runner "s/__version__ = .*/__version__ = \"${NEXT_FULL_TAG}\"/g" python/pylibraft/pylibraft/__init__.py
 sed_runner "s/__version__ = .*/__version__ = \"${NEXT_FULL_TAG}\"/g" python/raft-dask/raft_dask/__init__.py
 
-# Python pyproject.toml updates
-sed_runner "s/^version = .*/version = \"${NEXT_FULL_TAG}\"/g" python/pylibraft/pyproject.toml
-sed_runner "s/^version = .*/version = \"${NEXT_FULL_TAG}\"/g" python/raft-dask/pyproject.toml
-
 # Wheel testing script
 sed_runner "s/branch-.*/branch-${NEXT_SHORT_TAG}/g" ci/test_wheel_raft_dask.sh
 
@@ -74,6 +70,7 @@ for FILE in python/*/pyproject.toml; do
   for DEP in "${DEPENDENCIES[@]}"; do
     sed_runner "/\"${DEP}==/ s/==.*\"/==${NEXT_SHORT_TAG_PEP440}.*\"/g" ${FILE}
   done
+  sed_runner "s/^version = .*/version = \"${NEXT_FULL_TAG}\"/g" "${FILE}"
   sed_runner "/\"ucx-py==/ s/==.*\"/==${NEXT_UCX_PY_SHORT_TAG_PEP440}.*\"/g" ${FILE}
 done