diff --git a/VERSION b/VERSION
index 07fb54b5d61..3d461ead64e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.11.2
+v1.11.3
diff --git a/build/charts/antrea/README.md b/build/charts/antrea/README.md
index 90d4915d86a..c98ae3a6b43 100644
--- a/build/charts/antrea/README.md
+++ b/build/charts/antrea/README.md
@@ -1,6 +1,6 @@
 # antrea
 
-![Version: 1.11.2](https://img.shields.io/badge/Version-1.11.2-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 1.11.3](https://img.shields.io/badge/Version-1.11.3-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 Kubernetes networking based on Open vSwitch
 
diff --git a/build/charts/flow-aggregator/README.md b/build/charts/flow-aggregator/README.md
index 0fba1156b40..1923795f608 100644
--- a/build/charts/flow-aggregator/README.md
+++ b/build/charts/flow-aggregator/README.md
@@ -1,6 +1,6 @@
 # flow-aggregator
 
-![Version: 1.11.2](https://img.shields.io/badge/Version-1.11.2-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 1.11.3](https://img.shields.io/badge/Version-1.11.3-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 Antrea Flow Aggregator