@phaedrux, thanks, it did the trick! For some reason my Duet did not want to install this update over the web interface and i had to replace www folder on SD card.
Other dumb mistake that I did: For convenience I had my printer bookmarked in browser. After the firmware installation I got the error that something is wrong with www folder on SD card. I tried to format the SD card without any success with the issue, replaced the contents with fresh ones for the configurator and still no success. Finally I discovered that my bookmark had some additional link on it besides the IP address, removed that and viola!