diff --git a/gradle.properties b/gradle.properties
index 2a2b0c9..19c1b35 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,7 +1,7 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=1.4.1-SNAPSHOT
-ballerinaLangVersion=2201.11.0-20241117-133400-a3054b77
+version=1.5.0-SNAPSHOT
+ballerinaLangVersion=2201.11.0-20241121-075100-c4c87cbc
 githubSpotbugsVersion=6.0.18
 githubJohnrengelmanShadowVersion=8.1.1
 underCouchDownloadVersion=5.4.0