diff --git a/gradle.properties b/gradle.properties
index 685bd914..df278b13 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,10 +9,10 @@ releasePluginVersion=2.6.0
 puppycrawlCheckstyleVersion=8.18
 ballerinaGradlePluginVersion=1.1.0
 
-ballerinaLangVersion= 2201.7.0-20230622-064700-4a2dc6dd
+ballerinaLangVersion= 2201.7.0
 
 #stdlib dependencies
-stdlibIoVersion=1.5.0-20230622-110500-8523dfe
-observeVersion=1.1.0-20230622-105700-f92eb77
-observeInternalVersion=1.1.0-20230622-114200-c6b7282
+stdlibIoVersion=1.5.0
+observeVersion=1.1.0
+observeInternalVersion=1.1.0
 testngVersion=6.14.3