diff --git a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
index e70945409c37..2d5f5e70cb4b 100644
--- a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
+++ b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.0.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.0.0 (2021-11-10)
 
 **Note:** This is the first stable release of our efforts to create a user-friendly and Pythonic client library for Azure Schema Registry.
diff --git a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
index 01c256eaa2ec..44b53a9ccedf 100644
--- a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
+++ b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
@@ -24,4 +24,4 @@
 #
 # --------------------------------------------------------------------------
 
-VERSION = "1.0.0"
+VERSION = "1.0.1"