diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 5ddfe396..fd5a621f 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,13 +1,13 @@
 [package]
 org = "ballerina"
 name = "log"
-version = "2.10.0"
+version = "2.11.0"
 authors = ["Ballerina"]
 keywords = ["level", "format"]
 repository = "https://github.com/ballerina-platform/module-ballerina-log"
 icon = "icon.png"
 license = ["Apache-2.0"]
-distribution = "2201.10.0"
+distribution = "2201.11.0"
 
 [platform.java21]
 graalvmCompatible = true
@@ -15,12 +15,12 @@ graalvmCompatible = true
 [[platform.java21.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "log-native"
-version = "2.10.0"
-path = "../native/build/libs/log-native-2.10.0.jar"
+version = "2.11.0"
+path = "../native/build/libs/log-native-2.11.0-SNAPSHOT.jar"
 
 [[platform.java21.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "log-test-utils"
-version = "2.10.0"
-path = "../test-utils/build/libs/log-test-utils-2.10.0.jar"
+version = "2.11.0"
+path = "../test-utils/build/libs/log-test-utils-2.11.0-SNAPSHOT.jar"
 scope = "testOnly"
diff --git a/ballerina/CompilerPlugin.toml b/ballerina/CompilerPlugin.toml
index d6ac4c48..891ca6ec 100644
--- a/ballerina/CompilerPlugin.toml
+++ b/ballerina/CompilerPlugin.toml
@@ -3,4 +3,4 @@ id = "log-compiler-plugin"
 class = "io.ballerina.stdlib.log.plugin.LogCompilerPlugin"
 
 [[dependency]]
-path = "../compiler-plugin/build/libs/log-compiler-plugin-2.10.0.jar"
+path = "../compiler-plugin/build/libs/log-compiler-plugin-2.11.0-SNAPSHOT.jar"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index dca4e964..03acf776 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -5,12 +5,12 @@
 
 [ballerina]
 dependencies-toml-version = "2"
-distribution-version = "2201.10.0"
+distribution-version = "2201.11.0-20241121-075100-c4c87cbc"
 
 [[package]]
 org = "ballerina"
 name = "io"
-version = "1.6.0"
+version = "1.7.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"},
 	{org = "ballerina", name = "lang.value"}
@@ -76,7 +76,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "log"
-version = "2.10.0"
+version = "2.11.0"
 dependencies = [
 	{org = "ballerina", name = "io"},
 	{org = "ballerina", name = "jballerina.java"},
@@ -91,7 +91,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "observe"
-version = "1.3.0"
+version = "1.4.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
 ]
diff --git a/build-config/resources/Ballerina.toml b/build-config/resources/Ballerina.toml
index 096d4b54..7681323d 100644
--- a/build-config/resources/Ballerina.toml
+++ b/build-config/resources/Ballerina.toml
@@ -7,7 +7,7 @@ keywords = ["level", "format"]
 repository = "https://github.com/ballerina-platform/module-ballerina-log"
 icon = "icon.png"
 license = ["Apache-2.0"]
-distribution = "2201.10.0"
+distribution = "2201.11.0"
 
 [platform.java21]
 graalvmCompatible = true
diff --git a/gradle.properties b/gradle.properties
index dad57af8..4ad893af 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=2.10.1-SNAPSHOT
+version=2.11.0-SNAPSHOT
 checkstylePluginVersion=10.12.0
 spotbugsPluginVersion=6.0.18
 shadowJarPluginVersion=8.1.1
@@ -9,10 +9,10 @@ releasePluginVersion=2.6.0
 puppycrawlCheckstyleVersion=10.12.0
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.11.0-20241112-214900-6b80ab87
+ballerinaLangVersion=2201.11.0-20241121-075100-c4c87cbc
 
 #stdlib dependencies
-stdlibIoVersion=1.6.2-20241112-233100-995cf5f
-observeVersion=1.4.0-20241113-092000-b83ae74
-observeInternalVersion=1.3.1-20241113-101700-265054d
+stdlibIoVersion=1.7.0-20241121-173300-0fbd5d4
+observeVersion=1.4.0-20241122-101200-19a70b1
+observeInternalVersion=1.4.0-20241122-115400-4aae6b9
 testngVersion=6.14.3
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 9f4197d5..e2847c82 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,6 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-8.2.1-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-8.11.1-bin.zip
 networkTimeout=10000
 validateDistributionUrl=true
 zipStoreBase=GRADLE_USER_HOME