diff --git a/changelog.md b/changelog.md
index 7964181..4167d49 100644
--- a/changelog.md
+++ b/changelog.md
@@ -4,7 +4,13 @@ This file contains all the notable changes done to the Ballerina protoc-tools pa
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased]
+## [0.3.0] - 2024-06-27
+
+### Fixed
+
+- [Isolate `grpc:Caller` and `grpc:StreamingClient`](https://github.com/ballerina-platform/ballerina-library/issues/6656)
+
+## [0.2.0] - 2023-09-18
 
 ### Added
 
diff --git a/gradle.properties b/gradle.properties
index 4eee3dd..b8b6fc4 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina
-version=0.3.0-SNAPSHOT
+version=0.3.1-SNAPSHOT
 #dependency versions
 ballerinaLangVersion=2201.9.1
 checkstylePluginVersion=10.12.1