diff --git a/NEWS.rst b/NEWS.rst
index eb06d0ef39c..5ebf7141b1d 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -9,7 +9,15 @@
 
 .. towncrier release notes start
 
-24.3 (2024-10-26)
+24.3.1 (2024-10-27)
+===================
+
+Bug Fixes
+---------
+
+- Allow multiple nested inclusions of the same requirements file again. (`#13046 <https://github.com/pypa/pip/issues/13046>`_)
+
+24.3 (2024-10-27)
 =================
 
 Deprecations and Removals
diff --git a/news/13046.bugfix.rst b/news/13046.bugfix.rst
deleted file mode 100644
index 41aae012414..00000000000
--- a/news/13046.bugfix.rst
+++ /dev/null
@@ -1 +0,0 @@
-Allow multiple inclusion of the same requirements file again.
diff --git a/src/pip/__init__.py b/src/pip/__init__.py
index 4eff4299c01..efefccffc7a 100644
--- a/src/pip/__init__.py
+++ b/src/pip/__init__.py
@@ -1,6 +1,6 @@
 from typing import List, Optional
 
-__version__ = "25.0.dev0"
+__version__ = "24.3.1"
 
 
 def main(args: Optional[List[str]] = None) -> int: