diff --git a/charts/signoz/README.md b/charts/signoz/README.md
index 9157b7df..109fe972 100644
--- a/charts/signoz/README.md
+++ b/charts/signoz/README.md
@@ -142,7 +142,7 @@ The following table lists the configurable parameters of the `signoz` chart and
 | `alertmanager.name`                      | Alertmanager component name                                             | `alertmanager`                    |
 | `alertmanager.image.registry`            | Alertmanager image registry name                                        | `docker.io`                       |
 | `alertmanager.image.repository`          | Container image name                                                    | `signoz/alertmanager`             |
-| `alertmanager.image.tag`                 | Container image tag                                                     | `0.23.5`                          |
+| `alertmanager.image.tag`                 | Container image tag                                                     | `0.23.7`                          |
 | `alertmanager.image.pullPolicy`          | Container pull policy                                                   | `IfNotPresent`                    |
 | `alertmanager.replicaCount`              | Number of Alertmanager nodes                                            | `1`                               |
 | `alertmanager.command`                   | Set container command to execute                                        | `[]`                              |
diff --git a/charts/signoz/values.yaml b/charts/signoz/values.yaml
index ecad9f2a..39fddb58 100644
--- a/charts/signoz/values.yaml
+++ b/charts/signoz/values.yaml
@@ -997,7 +997,7 @@ alertmanager:
     repository: signoz/alertmanager
     pullPolicy: IfNotPresent
     # Overrides the image tag whose default is the chart appVersion.
-    tag: 0.23.5
+    tag: 0.23.7
 
   # -- Image Registry Secret Names for Alertmanager
   # If set, this has higher precedence than the root level or global value of imagePullSecrets.