diff --git a/param-1.12.0.tar.gz b/param-1.12.0.tar.gz
deleted file mode 100644
index 11c67c3..0000000
--- a/param-1.12.0.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:adb5a87a8cd8709635297568fc97c3a3d23f9342dd66b46c06646c4187499964
-size 449303
diff --git a/param-1.12.1.tar.gz b/param-1.12.1.tar.gz
new file mode 100644
index 0000000..cf2fbc4
--- /dev/null
+++ b/param-1.12.1.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:63b9ebf5f2d5d6fe8c0555aeae96251defd44ce30fcc56dab5eb880e86f2116b
+size 449964
diff --git a/python-param.changes b/python-param.changes
index 8502574..94bdfe9 100644
--- a/python-param.changes
+++ b/python-param.changes
@@ -1,3 +1,24 @@
+-------------------------------------------------------------------
+Sun May  1 18:58:42 UTC 2022 - Atri Bhattacharya <badshah400@gmail.com>
+
+- Update to version 1.12.1:
+  * Fixed description of shared_parameters (gh#holoviz/param#568).
+  * Improve the error messages of Date and DateRange
+    (gh#holoviz/param#579).
+  * Clarified step error messages and other docs and links
+    (gh#holoviz/param#604).
+  * Make iscoroutinefunction more robust (gh#holoviz/param#572).
+  * Fix for handling misspelled parameter (gh#holoviz/param#575).
+  * Handle None serialization for Date, CalendarDate, Tuple,
+    Array, and DataFrame (gh#holoviz/param#582).
+  * Support async coroutines in param.depends
+    (gh#holoviz/param#591).
+  * Handle async functions in depends with watch=True
+    (gh#holoviz/param#611).
+  * Avoid equality check on Watcher (gh#holoviz/param#612).
+  * Fix binder (gh#holoviz/param#564).
+  * Fixed description of shared_parameters (gh#holoviz/param#568).
+
 -------------------------------------------------------------------
 Tue Feb 15 23:11:44 UTC 2022 - Atri Bhattacharya <badshah400@gmail.com>
 
diff --git a/python-param.spec b/python-param.spec
index 6a94b77..6c41c48 100644
--- a/python-param.spec
+++ b/python-param.spec
@@ -19,7 +19,7 @@
 %{?!python_module:%define python_module() python-%{**} python3-%{**}}
 %define modname param
 Name:           python-param
-Version:        1.12.0
+Version:        1.12.1
 Release:        0
 Summary:        Declarative Python programming using Parameters
 License:        BSD-3-Clause