diff --git a/gradle.properties b/gradle.properties
index a15c1c5..510dc1e 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -16,7 +16,7 @@ researchgateReleaseVersion=2.8.0
 testngVersion=7.6.1
 jacocoVersion=0.8.10
 
-stdlibGrpcVersion=1.10.0
+stdlibGrpcVersion=1.11.1
 stdlibIoVersion=1.6.0
 stdlibTimeVersion=2.4.0
 stdlibUrlVersion=2.4.0
@@ -41,5 +41,5 @@ stdlibOAuth2Version=2.10.0
 stdlibHttpVersion=2.10.0
 
 # Ballerinax Observer
-observeVersion=1.2.0-20230911-133500-b3d8db3
-observeInternalVersion=1.2.0-20230911-141700-4c0454a
+observeVersion=1.2.0
+observeInternalVersion=1.2.0