diff --git a/gradle.properties b/gradle.properties
index 4ad893af..9d4d1bbc 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,10 +9,10 @@ releasePluginVersion=2.6.0
 puppycrawlCheckstyleVersion=10.12.0
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.11.0-20241121-075100-c4c87cbc
+ballerinaLangVersion=2201.11.0-20241204-163800-0d1e4836
 
 #stdlib dependencies
-stdlibIoVersion=1.7.0-20241121-173300-0fbd5d4
-observeVersion=1.4.0-20241122-101200-19a70b1
-observeInternalVersion=1.4.0-20241122-115400-4aae6b9
+stdlibIoVersion=1.7.0-20241204-172700-8dcc252
+observeVersion=1.4.0-20241204-172800-8641d51
+observeInternalVersion=1.4.0-20241204-173800-e1741ab
 testngVersion=6.14.3