Hi @Lokesh_Vajrala,
According to what has been presented by Adobe on adaptTo conference, there will be new version of AEM 6.5 2025 that will be released next year. It will be technical release that will bring Java 17 support, no major features are planned to be part of it.
Please check presentation and recording under https://adapt.to/2024/schedule/aem-65-and-java-17 for any publicly available details.
In December 2024 beta program should start, again details can be found in the presentation.
Some additional materials that might be interesting: