diff --git a/gradle.properties b/gradle.properties
index 0900ff4c..a41c2d04 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,7 +1,7 @@
 org.gradle.caching=true
 group=org.ballerinalang
 version=1.2.0-beta.1-SNAPSHOT
-ballerinaLangVersion=2.0.0-beta.1-20210531-213400-7cdb0fb5
+ballerinaLangVersion=2.0.0-beta.1
 
 ballerinaTomlParserVersion=1.2.2
 nettyVersion=4.1.50.Final
@@ -15,20 +15,20 @@ wso2SnakeYamlVersion=1.26.0.wso2v1
 testngVersion=7.4.0
 ballerinaGradlePluginVersion=0.9.0
 
-stdlibHttpVersion=1.1.0-beta.1-20210601-153100-09c0eb8
-stdlibMimeVersion=1.1.0-beta.1-20210531-233400-f3503dd
-stdlibAuthVersion=1.1.0-beta.1-20210531-234400-468751a
-stdlibFileVersion=0.7.0-beta.1-20210531-233400-868b9c4
-stdlibCacheVersion=2.1.0-beta.1-20210531-233400-49498d4
-stdlibCryptoVersion=1.1.0-beta.1-20210531-225800-8428cc4
-stdlibUrlVersion=1.1.0-beta.1-20210531-224700-c37dc0a
-stdlibTaskVersion=2.0.0-beta.1-20210531-232000-8737b63
-stdlibLogVersion=1.1.0-beta.1-20210531-230100-104d0f3
-stdlibTimeVersion=2.0.0-beta.1-20210531-225300-4cfd3c8
-stdlibOsVersion=0.8.0-beta.1-20210531-225900-1ee4a42
-stdlibIoVersion=0.6.0-beta.1-20210531-224700-f0c01fb
-stdlibRegexVersion=0.7.0-beta.1-20210531-224700-60aad68
-stdlibUuidVersion=0.10.0-beta.1-20210531-233500-624c21a
-stdlibJwtVersion=1.1.0-beta.1-20210531-234400-2c18efb
-stdlibOAuth2Version=1.1.0-beta.1-20210531-234600-b97c1ae
-stdlibRandomVersion=0.10.0-beta.1-20210531-224700-d86125b
+stdlibHttpVersion=1.1.0-beta.1
+stdlibMimeVersion=1.1.0-beta.1
+stdlibAuthVersion=1.1.0-beta.1
+stdlibFileVersion=0.7.0-beta.1
+stdlibCacheVersion=2.1.0-beta.1
+stdlibCryptoVersion=1.1.0-beta.1
+stdlibUrlVersion=1.1.0-beta.1
+stdlibTaskVersion=2.0.0-beta.1
+stdlibLogVersion=1.1.0-beta.1
+stdlibTimeVersion=2.0.0-beta.1
+stdlibOsVersion=0.8.0-beta.1
+stdlibIoVersion=0.6.0-beta.1
+stdlibRegexVersion=0.7.0-beta.1
+stdlibUuidVersion=0.10.0-beta.1
+stdlibJwtVersion=1.1.0-beta.1
+stdlibOAuth2Version=1.1.0-beta.1
+stdlibRandomVersion=0.10.0-beta.1