diff --git a/gradle.properties b/gradle.properties
index ea7f2616..09984ac7 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,10 +9,10 @@ releasePluginVersion=2.6.0
 puppycrawlCheckstyleVersion=10.12.0
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.11.0-20241218-101200-109f6cc7
+ballerinaLangVersion=2201.11.0-20250121-140200-15de3b28
 
 #stdlib dependencies
-stdlibIoVersion=1.7.0-20241218-111600-1da6a3f
-observeVersion=1.4.0-20241218-111700-4d29d40
-observeInternalVersion=1.4.0-20241218-112700-be9da2c
+stdlibIoVersion=1.7.0-20250121-143700-fac534d
+observeVersion=1.4.0-20250121-143800-aa6fa02
+observeInternalVersion=1.4.0-20250121-144700-d59c066
 testngVersion=6.14.3