diff --git a/.github/workflows/release-chart.yml b/.github/workflows/release-chart.yml
index 9e201d770..7d6345c5f 100644
--- a/.github/workflows/release-chart.yml
+++ b/.github/workflows/release-chart.yml
@@ -24,15 +24,67 @@ jobs:
             # Publish the Chart.yaml locally
             # Note this does not commit the Chart.yaml changes this the branch
             nix-shell --pure --run "./scripts/helm/publish-chart-yaml.sh --app-tag "$tag"" ./scripts/helm/shell.nix
-            echo "PUBLISH_CHART=1" >> $GITHUB_ENV
           else
             branch="${{ github.ref_name }}"
             nix-shell --pure --run "./scripts/helm/publish-chart-yaml.sh --check-chart "$branch"" ./scripts/helm/shell.nix
           fi
+          nix-shell --pure --run "SKIP_GIT=1 ./scripts/helm/generate-readme.sh" ./scripts/helm/shell.nix
       - name: Publish Mayastor Helm chart
         uses: stefanprodan/helm-gh-pages@v1.7.0
-        if: ${{ env.PUBLISH_CHART }}
+        if: ${{ github.ref_type == 'tag' }}
         with:
           token: ${{ secrets.GITHUB_TOKEN }}
           charts_dir: .
 
+  update-chart:
+    runs-on: ubuntu-latest
+    if: ${{ github.ref_type == 'tag' }}
+    needs:
+      - release-chart
+    steps:
+      - uses: actions/checkout@v4
+        with:
+          fetch-depth: 0
+      - uses: cachix/install-nix-action@v22
+      - name: Pre-populate nix-shell
+        run: |
+          export NIX_PATH=nixpkgs=$(jq '.nixpkgs.url' nix/sources.json -r)
+          echo "NIX_PATH=$NIX_PATH" >> $GITHUB_ENV
+          nix-shell --pure --run "echo" ./scripts/helm/shell.nix
+      - name: Publish locally in the workspace
+        run: |
+          tag="${{ github.ref_name }}"
+          nix-shell --pure --run "./scripts/helm/publish-chart-yaml.sh --released "$tag"" ./scripts/helm/shell.nix
+          nix-shell --pure --run "SKIP_GIT=1 ./scripts/helm/generate-readme.sh" ./scripts/helm/shell.nix
+      - name: Create Pull Request
+        id: cpr
+        uses: peter-evans/create-pull-request@v5
+        with:
+          commit-message: "chore(ci): update future helm chart versions"
+          committer: GitHub <noreply@github.com>
+          author: ${{ github.actor }} <${{ github.actor }}@users.noreply.github.com>
+          title: Bump future helm chart version on the release branch
+          labels: |
+            update-release-branch
+            automated-pr
+          draft: false
+          signoff: true
+          token: ${{ secrets.ORG_CI_GITHUB }}
+      - name: Approve Pull Request by CI Bot
+        if: ${{ steps.cpr.outputs.pull-request-number }}
+        run: |
+          gh pr review ${{ steps.cpr.outputs.pull-request-number }} --approve
+        env:
+          GH_TOKEN: ${{ github.token }}
+      - name: Approve Pull Request by CI User
+        if: ${{ steps.cpr.outputs.pull-request-number }}
+        run: |
+          gh pr review ${{ steps.cpr.outputs.pull-request-number }} --approve
+        env:
+          GH_TOKEN: ${{ secrets.ORG_CI_GITHUB_2 }}
+      - name: Bors Merge Pull Request
+        if: ${{ steps.cpr.outputs.pull-request-number }}
+        run: |
+          gh pr comment ${{ steps.cpr.outputs.pull-request-number }} --body "bors merge"
+        env:
+          GH_TOKEN: ${{ secrets.ORG_CI_GITHUB }}
diff --git a/chart/.helmignore b/chart/.helmignore
index 27c82af97..d3403136e 100644
--- a/chart/.helmignore
+++ b/chart/.helmignore
@@ -21,6 +21,6 @@
 .idea/
 *.tmproj
 .vscode/
-*.md
+README.md.tmpl
 # Nix Shell
 *.nix
diff --git a/dependencies/control-plane b/dependencies/control-plane
index ea844b8d0..defcd62d4 160000
--- a/dependencies/control-plane
+++ b/dependencies/control-plane
@@ -1 +1 @@
-Subproject commit ea844b8d076766cbf840d68d26715e9ea714f7af
+Subproject commit defcd62d427f75589599921be5d5291c03a05b0e
diff --git a/scripts/helm/publish-chart-yaml.sh b/scripts/helm/publish-chart-yaml.sh
index 45be78796..e224b27e3 100755
--- a/scripts/helm/publish-chart-yaml.sh
+++ b/scripts/helm/publish-chart-yaml.sh
@@ -191,8 +191,8 @@ output_yaml()
 {
   newChartVersion=$1
   newChartAppVersion=$2
-  imageTag=$3
-  imagePullPolicy=$4
+  imageTag=${3:-}
+  imagePullPolicy=${4:-}
 
   echo "NEW_CHART_VERSION: $newChartVersion"
   echo "NEW_CHART_APP_VERSION: $newChartAppVersion"
@@ -204,8 +204,12 @@ output_yaml()
     sed -i "s/^version:.*/version: $newChartVersion/" "$CRDS_SUBCHART_CHART_FILE"
     yq_ibl "(.dependencies[] | select(.name == \"crds\").version) |= \"$newChartVersion\"" "$CHART_FILE"
 
-    yq_ibl ".image.tag |= \"$imageTag\"" "$CHART_VALUES"
-    yq_ibl ".image.pullPolicy |= \"$imagePullPolicy\"" "$CHART_VALUES"
+    if [ -n "$imageTag" ]; then
+      yq_ibl ".image.tag |= \"$imageTag\"" "$CHART_VALUES"
+    fi
+    if [ -n "$imagePullPolicy" ]; then
+      yq_ibl ".image.pullPolicy |= \"$imagePullPolicy\"" "$CHART_VALUES"
+    fi
     yq_ibl ".chart.version |= \"$newChartVersion\"" "$CHART_DOC"
   fi
 }
@@ -219,6 +223,7 @@ Options:
   -h, --help                                       Display this text.
   --check-chart           <branch>                 Check if the chart version/app version is correct for the branch.
   --develop-to-release                             Also upgrade the chart to the release version matching the branch.
+  --released              <released-tag>           Bumps the future chart version after releasing the given tag.
   --helm-testing          <branch>                 Upgrade the chart to the appropriate branch chart version.
   --app-tag               <tag>                    The appVersion tag.
   --override-index        <latest_version>         Override the latest chart version from the published chart's index.
@@ -258,6 +263,7 @@ INDEX_BRANCH_FILE="index.yaml"
 INDEX_FILE=
 DRY_RUN=
 DEVELOP_TO_REL=
+UPDATE_REL=
 HELM_TESTING=
 DATE_TIME_FMT="%Y-%m-%d-%H-%M-%S"
 DATE_TIME=
@@ -289,6 +295,11 @@ while [ "$#" -gt 0 ]; do
       DEVELOP_TO_REL=1
       shift
       ;;
+    --released)
+      shift
+      UPDATE_REL=$1
+      shift
+      ;;
     --helm-testing)
       HELM_TESTING=1
       shift
@@ -362,6 +373,12 @@ if [ -n "$CHECK_BRANCH" ]; then
   fi
   APP_TAG=$(branch_chart_version "$CHECK_BRANCH")
 else
+  if [ -n "$UPDATE_REL" ]; then
+    if [ -n "$APP_TAG" ]; then
+      die "Cannot specify --update-release and --app-tag together"
+    fi
+    APP_TAG=$(semver bump "patch" "$UPDATE_REL")
+  fi
   if [ -z "$APP_TAG" ]; then
     die "--app-tag not specified"
   fi
@@ -402,6 +419,24 @@ if [ -n "$CHECK_BRANCH" ]; then
   fi
 fi
 
+if [ -n "$UPDATE_REL" ]; then
+  if [ "$CHART_VERSION" == "0.0.0" ]; then
+    die "Must be used on a release branch only but \$CHART_VERSION $CHART_VERSION "
+  elif [ "$CHART_VERSION" != "$APP_TAG" ]; then
+    if [ "$(semver compare "$CHART_VERSION" "$APP_TAG")" == "1" ]; then
+      die "Future version can't possibly be older than the current"
+    fi
+    # TODO: if we're on a release/3 branch, then we may allow minor updates
+    # however, this doesn't seem likely to happen anytime soon, so, defer until then...
+    if [ "$(semver diff "$CHART_VERSION" "$APP_TAG")" != "patch" ]; then
+      die "Only future patch releases are allowed!"
+    fi
+  else
+    # Nothing to do here...
+    exit 0
+  fi
+fi
+
 diff="$(semver diff "$APP_TAG" "$CHART_APP_VERSION")"
 if ! [[ " ${allowed_diff[*]} " =~ " $diff " ]]; then
   die "Difference($diff) between APP_TAG($APP_TAG) CHART_APP_VERSION($CHART_APP_VERSION) not allowed!"
@@ -448,6 +483,13 @@ if [ -z "$IGNORE_INDEX_CHECK" ]; then
   fi
 fi
 
+if [ -n "$UPDATE_REL" ]; then
+  if [ "$CHART_VERSION" != "$APP_TAG" ]; then
+    output_yaml "$APP_TAG" "$APP_TAG"
+    exit 0
+  fi
+fi
+
 if [ "$(semver get prerel "$APP_TAG")" == "" ]; then
   # It's the stable release!
   newChartVersion="$APP_TAG"
diff --git a/scripts/helm/test-publish-chart-yaml.sh b/scripts/helm/test-publish-chart-yaml.sh
index 08008d19c..1f12f6cae 100755
--- a/scripts/helm/test-publish-chart-yaml.sh
+++ b/scripts/helm/test-publish-chart-yaml.sh
@@ -25,6 +25,8 @@ CHECK_BRANCH=
 DATE_TIME=
 # Upgrade from develop to release/x.y*
 DEVELOP_TO_REL=
+# Update the release version after release
+RELEASED=
 # Upgrade from develop to helm-testing
 HELM_TESTING=
 # Tag that has been pushed
@@ -78,6 +80,9 @@ CHART_APP_VERSION: $CHART_APP_VERSION
 EOF
     fi
   else
+    if [ -n "$RELEASED" ]; then
+      APP_TAG=$NEW_CHART_VERSION
+    fi
     cat <<EOF
 APP_TAG: $APP_TAG
 CHART_VERSION: $CHART_VERSION
@@ -120,8 +125,14 @@ call_script()
       fi
     fi
   else
-    ARGS="--app-tag $APP_TAG $ARGS"
+    if [ -n "$RELEASED" ]; then
+      ARGS="--released $RELEASED $ARGS"
+    fi
+    if [ -n "$APP_TAG" ]; then
+      ARGS="--app-tag $APP_TAG $ARGS"
+    fi
   fi
+
   if [ -n "$DATE_TIME" ]; then
       ARGS="--date-time $DATE_TIME $ARGS"
   fi
@@ -169,6 +180,7 @@ test_one()
   CHECK_BRANCH=
   DATE_TIME=
   DEVELOP_TO_REL=
+  RELEASED=
   HELM_TESTING=
   APP_TAG=
   CHART_VERSION=
@@ -371,6 +383,47 @@ NEW_CHART_VERSION=2.0.0
 NEW_CHART_APP_VERSION=2.0.0
 test_one "A more stable version is already published, but the app tag stable is new"
 
+RELEASED=2.0.0
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+NEW_CHART_VERSION=2.0.1
+NEW_CHART_APP_VERSION=2.0.1
+test_one "After release 2.0.0, the next one is 2.0.1"
+
+RELEASED=2.0.0
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+INDEX_CHART_VERSIONS=(2.0.1 2.0.0-a.0)
+EXPECT_FAIL=1
+test_one "We've actually already release 2.0.1, so the next one is 2.0.2"
+
+RELEASED=2.0.1
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+INDEX_CHART_VERSIONS=(2.0.1 2.0.0-a.0)
+NEW_CHART_VERSION=2.0.2
+NEW_CHART_APP_VERSION=2.0.2
+test_one "We've actually already release 2.0.1, so the next one is 2.0.2"
+
+RELEASED=2.2.0
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+EXPECT_FAIL=1
+test_one "Can't bump beyond patch!"
+
+RELEASED=1.2.0
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+EXPECT_FAIL=1
+test_one "Can't bump to an older version!"
+
+RELEASED=1.2.0
+APP_TAG=1.2.0
+CHART_VERSION=2.0.0
+CHART_APP_VERSION=2.0.0
+EXPECT_FAIL=1
+test_one "Can't specify both!"
+
 echo "Done"
 
 if [ -n "$FAILED" ]; then