diff --git a/param-1.12.2.tar.gz b/param-1.12.2.tar.gz
deleted file mode 100644
index 76251fc..0000000
--- a/param-1.12.2.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:7796e8e1f16f54f7cf77faf8620df857be89a3e2d8a8f218c1c3e99a5a62e474
-size 459918
diff --git a/param-1.12.3.tar.gz b/param-1.12.3.tar.gz
new file mode 100644
index 0000000..0fd8c48
--- /dev/null
+++ b/param-1.12.3.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:f5a4a72d7470769e07e3c1f55f771f31870424ad06226c34651f1df7c6da3685
+size 460591
diff --git a/python-param.changes b/python-param.changes
index 28d5050..bc35866 100644
--- a/python-param.changes
+++ b/python-param.changes
@@ -1,3 +1,12 @@
+-------------------------------------------------------------------
+Tue Dec 13 15:45:22 UTC 2022 - Yogalakshmi Arunachalam <yarunachalam@suse.com>
+
+- Update to version 1.12.3: 
+  The 1.12.3 release adds support for Python 3.11. Many thanks to @musicinmybrain (first contribution!) and @maximlt for contributing to this release.
+  Enhancements:
+  * Preserve existing Random seed behavior in Python 3.11 (#638)
+  * Add support for Python 3.11 (#658)
+
 -------------------------------------------------------------------
 Wed Jun 22 00:34:34 UTC 2022 - Atri Bhattacharya <badshah400@gmail.com>
 
diff --git a/python-param.spec b/python-param.spec
index 53dca59..d8d16f4 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:        1.12.2
+Version:        1.12.3
 Release:        0
 Summary:        Declarative Python programming using Parameters
 License:        BSD-3-Clause