diff --git a/gradle.properties b/gradle.properties
index 09a752c3c9..05c5c0bc3f 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,70 +1,70 @@
 org.gradle.caching=true
 group=org.ballerinalang
 version=swan-lake-beta1-SNAPSHOT
-ballerinaLangVersion=2.0.0-beta.1-20210531-213400-7cdb0fb5
+ballerinaLangVersion=2.0.0-beta.1
 shortVersion=slbeta1
 ballerinaJreVersion=0.8.0
 specVersion=2021R1
 versionDisplayText=Beta 1
 
 # Stdlib Level 01
-stdlibIoVersion=0.6.0-beta.1-20210531-224700-f0c01fb
-stdlibJavaArraysVersion=0.10.0-beta.1-20210531-225300-a9b5706
-stdlibRandomVersion=0.10.0-beta.1-20210531-224700-d86125b
-stdlibRegexVersion=0.7.0-beta.1-20210531-224700-60aad68
-stdlibTimeVersion=2.0.0-beta.1-20210531-225300-4cfd3c8
-stdlibUrlVersion=1.1.0-beta.1-20210531-224700-c37dc0a
-stdlibXmldataVersion=1.1.0-beta.1-20210531-224700-2e90f23
+stdlibIoVersion=0.6.0-beta.1
+stdlibJavaArraysVersion=0.10.0-beta.1
+stdlibRandomVersion=0.10.0-beta.1
+stdlibRegexVersion=0.7.0-beta.1
+stdlibTimeVersion=2.0.0-beta.1
+stdlibUrlVersion=1.1.0-beta.1
+stdlibXmldataVersion=1.1.0-beta.1
 
 # Stdlib Level 02
-stdlibCryptoVersion=1.1.0-beta.1-20210531-225800-8428cc4
-stdlibLogVersion=1.1.0-beta.1-20210531-230100-104d0f3
-stdlibOsVersion=0.8.0-beta.1-20210531-225900-1ee4a42
-stdlibTaskVersion=2.0.0-beta.1-20210531-232000-8737b63
-stdlibXsltVersion=1.1.0-beta.1-20210531-225900-9442e0e
+stdlibCryptoVersion=1.1.0-beta.1
+stdlibLogVersion=1.1.0-beta.1
+stdlibOsVersion=0.8.0-beta.1
+stdlibTaskVersion=2.0.0-beta.1
+stdlibXsltVersion=1.1.0-beta.1
 
 # Stdlib Level 03
-stdlibCacheVersion=2.1.0-beta.1-20210531-233400-49498d4
-stdlibFileVersion=0.7.0-beta.1-20210531-233400-868b9c4
-stdlibFtpVersion=1.1.0-beta.1-20210531-233400-697420e
-stdlibMimeVersion=1.1.0-beta.1-20210531-233400-f3503dd
-stdlibTcpVersion=0.8.0-beta.1-20210531-233500-08a48d1
-stdlibUdpVersion=0.9.0-beta.1-20210531-233500-5162189
-stdlibUuidVersion=0.10.0-beta.1-20210531-233500-624c21a
+stdlibCacheVersion=2.1.0-beta.1
+stdlibFileVersion=0.7.0-beta.1
+stdlibFtpVersion=1.1.0-beta.1
+stdlibMimeVersion=1.1.0-beta.1
+stdlibTcpVersion=0.8.0-beta.1
+stdlibUdpVersion=0.9.0-beta.1
+stdlibUuidVersion=0.10.0-beta.1
 
 # Stdlib Level 04
-stdlibAuthVersion=1.1.0-beta.1-20210531-234400-468751a
-stdlibEmailVersion=1.1.0-beta.1-20210531-234500-3bfc4cd
-stdlibJwtVersion=1.1.0-beta.1-20210531-234400-2c18efb
-stdlibOAuth2Version=1.1.0-beta.1-20210531-234600-b97c1ae
+stdlibAuthVersion=1.1.0-beta.1
+stdlibEmailVersion=1.1.0-beta.1
+stdlibJwtVersion=1.1.0-beta.1
+stdlibOAuth2Version=1.1.0-beta.1
 
 # Stdlib Level 05
-stdlibHttpVersion=1.1.0-beta.1-20210601-153100-09c0eb8
+stdlibHttpVersion=1.1.0-beta.1
 
 # Stdlib Level 06
-stdlibGraphqlVersion=0.2.0-beta.1-20210601-225500-e8cea8a
-stdlibGrpcVersion=0.8.0-beta.1-20210601-160500-2ab24e0
-stdlibTransactionVersion=1.0.13-20210601-162100-e9f4026
-stdlibWebsocketVersion=1.2.0-beta.1-20210601-160800-c1692b3
-stdlibWebsubVersion=1.2.0-beta.1-20210602-011100-25fad46
-stdlibWebsubhubVersion=0.2.0-beta.1-20210602-014500-0017c71
+stdlibGraphqlVersion=0.2.0-beta.1
+stdlibGrpcVersion=0.8.0-beta.1
+stdlibTransactionVersion=1.0.13
+stdlibWebsocketVersion=1.2.0-beta.1
+stdlibWebsubVersion=1.2.0-beta.1
+stdlibWebsubhubVersion=0.2.0-beta.1
 
 # Stdlib Level 07
-stdlibSqlVersion=0.6.0-beta.1-20210601-165800-9f5615e
+stdlibSqlVersion=0.6.0-beta.1
 
 # Dev Tools 
 devToolsVersion=0.10.5
 ballerinaCommandVersion=1.3.5
 
 # Open API Module
-openapiVersion=0.9.0-beta.1-20210601-160500-c1364f4
+openapiVersion=0.9.0-beta.1
 
 # Ballerinax extensions
-dockerVersion=2.0.0-beta.1-20210531-224700-06c6e15
-awslambdaVersion=2.0.0-beta.1-20210601-163700-342c893
-azFunctionsVersion=2.0.0-beta.1-20210601-163600-0e58982
-c2cVersion=2.0.0-beta.1-20210602-003000-8463950
+dockerVersion=2.0.0-beta.1
+awslambdaVersion=2.0.0-beta.1
+azFunctionsVersion=2.0.0-beta.1
+c2cVersion=2.0.0-beta.1
 
-dataMapperVersion=2.0.0-beta.1-20210531-225800-e8b336b
+dataMapperVersion=2.0.0-beta.1
 
 installerVersion=8a169b9b-ff04-44cd-8ad9-6761ab6fd9b5