diff --git a/sdk/eventgrid/azure-eventgrid/CHANGELOG.md b/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
index b9ebd38e51bb..5b7a9b0790dd 100644
--- a/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
+++ b/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 4.20.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 4.20.0 (2024-06-12)
 
 ### Features Added
diff --git a/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py b/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
index c615ce560cb1..9462cc312640 100644
--- a/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
+++ b/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
@@ -6,4 +6,4 @@
 # Changes may cause incorrect behavior and will be lost if the code is regenerated.
 # --------------------------------------------------------------------------
 
-VERSION = "4.20.0"
+VERSION = "4.20.1"