diff --git a/CMakeLists.txt b/CMakeLists.txt
index 06881a39..4c9f7fb9 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -2,7 +2,7 @@ cmake_minimum_required(VERSION 3.26.4 FATAL_ERROR)
 
 project(
   pynvjitlink
-  VERSION 0.1.12
+  VERSION ${SKBUILD_PROJECT_VERSION}
   LANGUAGES CXX CUDA
 )
 
diff --git a/ci/release/update-version.sh b/ci/release/update-version.sh
index d3813cfa..7b071644 100755
--- a/ci/release/update-version.sh
+++ b/ci/release/update-version.sh
@@ -17,5 +17,3 @@ function sed_runner() {
 
 # Centralized version file update
 echo "${NEXT_FULL_TAG}" > pynvjitlink/VERSION
-sed_runner 's/'"^  VERSION [0-9\.]*"'/'"  VERSION ${NEXT_FULL_TAG}"'/g' CMakeLists.txt
-sed_runner 's/^version = "[0-9\.]*"/version = "'${NEXT_FULL_TAG}'"/g' pyproject.toml
diff --git a/conda/recipes/pynvjitlink/meta.yaml b/conda/recipes/pynvjitlink/meta.yaml
index ef53cbc4..094cd32c 100644
--- a/conda/recipes/pynvjitlink/meta.yaml
+++ b/conda/recipes/pynvjitlink/meta.yaml
@@ -1,12 +1,16 @@
 # Copyright (c) 2018-2024, NVIDIA CORPORATION.
 
 {% set data = load_file_data("pyproject.toml") %}
+{% set version = load_file_regex(
+    load_file="pynvjitlink/VERSION",
+    regex_pattern="(?P<value>.*)"
+)[0] %}
 {% set project_data = data.get("project") %}
 {% set project_urls = project_data["urls"] %}
 
 package:
   name: pynvjitlink
-  version: {{ project_data["version"] }}
+  version: {{ version }}
 
 source:
   path: ../../..
diff --git a/pynvjitlink/VERSION b/pynvjitlink/VERSION
index 0e24a92f..7ac4e5e3 100644
--- a/pynvjitlink/VERSION
+++ b/pynvjitlink/VERSION
@@ -1 +1 @@
-0.1.12
+0.1.13
diff --git a/pyproject.toml b/pyproject.toml
index 50459174..424c7749 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -11,7 +11,7 @@ build-backend = "scikit_build_core.build"
 
 [project]
 name = "pynvjitlink"
-version = "0.1.12"
+dynamic = ["version"]
 description = "nvJitLink Python binding"
 readme = { file = "README.md", content-type = "text/markdown" }
 authors = [
@@ -29,5 +29,7 @@ License = "https://github.com/rapidsai/pynvjitlink/blob/main/LICENSE"
 [tool.setuptools]
 license-files = ["LICENSE"]
 
-[tool.setuptools.dynamic]
-version = {file = "pynvjitlink/VERSION"}
+[tool.scikit-build.metadata.version]
+provider = "scikit_build_core.metadata.regex"
+input = "pynvjitlink/VERSION"
+regex = "(?P<value>.*)"