diff --git a/gradle.properties b/gradle.properties
index 5b6a7615..8453e852 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -15,13 +15,13 @@ underCouchDownloadVersion=5.4.0
 researchgateReleaseVersion=2.8.0
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.8.0-20230726-145300-b2bdf796
-stdlibTaskVersion=2.5.0-20230810-145800-b191831
-stdlibMimeVersion=2.9.0-20230810-183500-af95101
-stdlibFileVersion=1.9.0-20230811-093200-875a787
-stdlibTimeVersion=2.4.0-20230810-115600-b28bb07
-stdlibLogVersion=2.9.0-20230810-161500-6d3d1df
-stdlibOsVersion=1.8.0-20230810-161400-624a2aa
-stdlibIoVersion=1.6.0-20230810-115500-2e569f5
-observeVersion=1.2.0-20230810-105500-5841859
-observeInternalVersion=1.2.0-20230810-141300-a348751
+ballerinaLangVersion=2201.8.0-20230830-220400-8a7556d8
+stdlibTaskVersion=2.5.0-20230831-142600-ec5194a
+stdlibMimeVersion=2.9.0-20230831-160900-6ecc648
+stdlibFileVersion=1.9.0-20230831-160900-252d078
+stdlibTimeVersion=2.4.0-20230831-134800-62143cd
+stdlibLogVersion=2.9.0-20230831-153100-9b73447
+stdlibOsVersion=1.8.0-20230831-142200-cb96913
+stdlibIoVersion=1.6.0-20230831-135000-049f91a
+observeVersion=1.2.0-20230831-133600-6d16df4
+observeInternalVersion=1.2.0-20230831-141400-b3bbdc2