diff --git a/CHANGELOG.md b/CHANGELOG.md
index d3b388a..2310bd6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # GraphDB Helm chart release notes
 
+## Version 12.1.3
+
+### New
+
+- Updated to GraphDB [11.1.3](https://graphdb.ontotext.com/documentation/11.1/release-notes.html#graphdb-11-1-3)
+
 ## Version 12.1.2
 
 ### New
diff --git a/Chart.yaml b/Chart.yaml
index 8ba8cc5..7494063 100644
--- a/Chart.yaml
+++ b/Chart.yaml
@@ -5,8 +5,8 @@ apiVersion: v2
 name: graphdb
 description: GraphDB is a highly efficient, scalable and robust graph database with RDF and SPARQL support.
 type: application
-version: 12.1.2
-appVersion: 11.1.2
+version: 12.1.3
+appVersion: 11.1.3
 kubeVersion: ^1.26.0-0
 home: https://graphdb.ontotext.com/
 icon: https://graphdb.ontotext.com/home/images/visual_Logo_GraphDB_02_12_2015.png
diff --git a/README.md b/README.md
index cd0d296..c978ebe 100644
--- a/README.md
+++ b/README.md
@@ -1,8 +1,8 @@
 # Helm Chart for GraphDB
 
 [![CI](https://github.com/Ontotext-AD/graphdb-helm/actions/workflows/ci.yml/badge.svg)](https://github.com/Ontotext-AD/graphdb-helm/actions/workflows/ci.yml)
-![Version: 12.1.2](https://img.shields.io/badge/Version-12.1.2-informational?style=flat-square)
-![AppVersion: 11.1.2](https://img.shields.io/badge/AppVersion-11.1.2-informational?style=flat-square)
+![Version: 12.1.3](https://img.shields.io/badge/Version-12.1.3-informational?style=flat-square)
+![AppVersion: 11.1.3](https://img.shields.io/badge/AppVersion-11.1.3-informational?style=flat-square)
 
 <!--
 TODO: Add ArtifactHub badge when ready