diff --git a/gradle.properties b/gradle.properties
index a4ac7222..4da96475 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -11,12 +11,12 @@ testngVersion=7.6.1
 gsonVersion=2.10.1
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.8.0-20230726-145300-b2bdf796
+ballerinaLangVersion=2201.8.0-20230830-220400-8a7556d8
 
 # Direct Dependencies
 
 # Level 01
-stdlibTimeVersion=2.4.0-20230810-115600-b28bb07
+stdlibTimeVersion=2.4.0-20230831-134800-62143cd
 
 # Enabled publishing insecure checksums, due to fail to publish to maven central
 # Refer https://github.com/gradle/gradle/issues/11308