diff --git a/gradle.properties b/gradle.properties
index b0d5e8dc..058d7a38 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,10 +9,10 @@ releasePluginVersion=2.6.0
 puppycrawlCheckstyleVersion=10.12.0
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.10.0-20240806-083400-aabac46a
+ballerinaLangVersion=2201.10.0-20240814-095500-9d14866a
 
 #stdlib dependencies
 stdlibIoVersion=1.6.0
-observeVersion=1.3.0-20240807-093200-e29ca7a
-observeInternalVersion=1.3.0-20240807-094500-91e2d3a
+observeVersion=1.3.0-20240814-114100-0f71e1e
+observeInternalVersion=1.3.0-20240814-114900-8a734a3
 testngVersion=6.14.3