diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 90f5dc7..33c4697 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -16,16 +16,16 @@ graalvmCompatible = true
 groupId = "io.ballerina.stdlib"
 artifactId = "persist.sql-native"
 version = "1.2.0"
-path = "../native/build/libs/persist.sql-native-1.2.0-SNAPSHOT.jar"
+path = "../native/build/libs/persist.sql-native-1.2.0.jar"
 
 [[platform.java17.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "persist-native"
 version = "1.2.0"
-path = "./lib/persist-native-1.2.0-20230831-142100-b7b968f.jar"
+path = "./lib/persist-native-1.2.0.jar"
 
 [[platform.java17.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "sql-native"
-version = "1.11.0-20230831-224400-d2491ed"
-path = "./lib/sql-native-1.11.0-20230831-224400-d2491ed.jar"
+version = "1.11.0"
+path = "./lib/sql-native-1.11.0.jar"
diff --git a/ballerina/CompilerPlugin.toml b/ballerina/CompilerPlugin.toml
index 33a5517..5aeadcf 100644
--- a/ballerina/CompilerPlugin.toml
+++ b/ballerina/CompilerPlugin.toml
@@ -3,7 +3,7 @@ id = "persist.sql-compiler-plugin"
 class = "io.ballerina.stdlib.persist.sql.compiler.PersistSqlCompilerPlugin"
 
 [[dependency]]
-path = "../compiler-plugin/build/libs/persist.sql-compiler-plugin-1.2.0-SNAPSHOT.jar"
+path = "../compiler-plugin/build/libs/persist.sql-compiler-plugin-1.2.0.jar"
 
 [[dependency]]
-path = "./lib/persist-native-1.2.0-20230831-142100-b7b968f.jar"
+path = "./lib/persist-native-1.2.0.jar"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index 84b17bc..93a23f3 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -5,7 +5,7 @@
 
 [ballerina]
 dependencies-toml-version = "2"
-distribution-version = "2201.8.0-20230830-220400-8a7556d8"
+distribution-version = "2201.8.0"
 
 [[package]]
 org = "ballerina"
diff --git a/changelog.md b/changelog.md
index ea98225..f15edfd 100644
--- a/changelog.md
+++ b/changelog.md
@@ -7,10 +7,14 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ## [Unreleased]
 
 ### Added
-- [Added support for executing native queries](https://github.com/ballerina-platform/ballerina-standard-library/issues/4546)
 
 ### Changed
 
+## [1.2.0] - 2023-09-18
+
+### Added
+- [Added support for executing native queries](https://github.com/ballerina-platform/ballerina-standard-library/issues/4546)
+
 ## [1.1.0] - 2023-06-30
 
 ### Added
diff --git a/gradle.properties b/gradle.properties
index 4f5a7b7..c4c2791 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,5 +1,5 @@
 group=io.ballerina.stdlib
-version=1.2.0-SNAPSHOT
+version=1.2.1-SNAPSHOT
 
 puppycrawlCheckstyleVersion=10.12.1
 checkstyleToolVersion=10.12.1
@@ -12,62 +12,62 @@ gsonVersion=2.10
 ballerinaGradlePluginVersion=2.0.1
 jacocoVersion=0.8.10
 
-ballerinaLangVersion=2201.8.0-20230908-135700-74a59dff
+ballerinaLangVersion=2201.8.0
 
 # Direct Dependencies
 # Level 01
-stdlibIoVersion=1.6.0-20230911-134800-de06e28
-stdlibTimeVersion=2.4.0-20230911-140200-7f96f1e
-stdlibUrlVersion=2.4.0-20230911-140700-36451a2
+stdlibIoVersion=1.6.0
+stdlibTimeVersion=2.4.0
+stdlibUrlVersion=2.4.0
 
 # Level 02
-stdlibLogVersion=2.9.0-20230911-150900-2f32c1a
-stdlibOsVersion=1.8.0-20230911-142700-b182bf4
+stdlibLogVersion=2.9.0
+stdlibOsVersion=1.8.0
 
 # Level 03
-stdlibFileVersion=1.9.0-20230911-153400-738b25e
+stdlibFileVersion=1.9.0
 
 # Level 05
-stdlibHttpVersion=2.10.0-20230911-204400-1c092fe
+stdlibHttpVersion=2.10.0
 
 # Level 08
-stdlibSqlVersion=1.11.0-20230912-081400-6b78e39
+stdlibSqlVersion=1.11.0
 
 # Level 09
-stdlibPersistVersion=1.2.0-20230911-142300-ddef67b
+stdlibPersistVersion=1.2.0
 
 # Ballerina external dependency
 stdlibMysqlDriverVersion=1.5.0
 stdlibMssqlDriverVersion=1.5.0
 
 # Ballerinax Observer
-observeVersion=1.2.0-20230911-133500-b3d8db3
-observeInternalVersion=1.2.0-20230911-141700-4c0454a
+observeVersion=1.2.0
+observeInternalVersion=1.2.0
 
 # Transitive Dependencies
 # Level 01
-stdlibConstraintVersion=1.4.0-20230911-142700-8202202
+stdlibConstraintVersion=1.4.0
 
 #Level 02
-stdlibCryptoVersion=2.5.0-20230911-142900-8807d07
-stdlibTaskVersion=2.5.0-20230911-143300-237313e
+stdlibCryptoVersion=2.5.0
+stdlibTaskVersion=2.5.0
 
 # Level 03
-stdlibCacheVersion=3.7.0-20230911-145700-142f375
-stdlibMimeVersion=2.9.0-20230911-153200-3add04c
-stdlibUuidVersion=1.7.0-20230911-150900-6c4771f
+stdlibCacheVersion=3.7.0
+stdlibMimeVersion=2.9.0
+stdlibUuidVersion=1.7.0
 
 # Level 04
-stdlibAuthVersion=2.10.0-20230911-153500-8c3c5cb
-stdlibJwtVersion=2.10.0-20230911-153400-b5de47b
-stdlibOAuth2Version=2.10.0-20230911-153600-6710ec0
+stdlibAuthVersion=2.10.0
+stdlibJwtVersion=2.10.0
+stdlibOAuth2Version=2.10.0
 
 # Level 06
-stdlibTransactionVersion=1.8.0-20230911-214600-2037cb9
+stdlibTransactionVersion=1.8.0
 
 # Test Dependencies
-stdlibMysqlVersion=1.11.0-20230912-093400-a6176c9
-stdlibMssqlVersion=1.11.0-20230912-093000-bc061a4
+stdlibMysqlVersion=1.11.0
+stdlibMssqlVersion=1.11.0
 
 
 # Enabled publishing insecure checksums, due to fail to publish to maven central