diff --git a/.gitignore b/.gitignore
index 5ce5a37..2fdf82e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -28,3 +28,4 @@
 /flatpak-builder-1.0.12.tar.xz
 /flatpak-builder-1.0.14.tar.xz
 /flatpak-builder-1.2.2.tar.xz
+/flatpak-builder-1.2.3.tar.xz
diff --git a/flatpak-builder.spec b/flatpak-builder.spec
index eb94fce..df69dbc 100644
--- a/flatpak-builder.spec
+++ b/flatpak-builder.spec
@@ -5,7 +5,7 @@
 %global flatpak_version 0.99.1
 
 Name:           flatpak-builder
-Version:        1.2.2
+Version:        1.2.3
 Release:        1%{?dist}
 Summary:        Tool to build flatpaks from source
 
@@ -91,6 +91,10 @@ See http://flatpak.org/ for more information.
 
 
 %changelog
+* Wed Nov 08 2023 Debarshi Ray <rishi@fedoraproject.org> - 1.2.3-1
+- Update to 1.2.3
+Resolves: RHEL-16036
+
 * Mon Feb 07 2022 Debarshi Ray <rishi@fedoraproject.org> - 1.2.2-1
 - Rebase to 1.2.2
 Resolves: #1999742
diff --git a/sources b/sources
index ceedfe1..95b46cd 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (flatpak-builder-1.2.2.tar.xz) = 28ab004f5c4fdb7f43b7d3f0823d54dad0aa4f660d5bbe9969e0ce011a1e338e2442e676d1d4c197af60d61a0911b8715ba34244b547116887bbcdef589e1b47
+SHA512 (flatpak-builder-1.2.3.tar.xz) = 81eced7155558092190059fdfecec764417cebcd3c96bb8c9cd5058758897b32cf3b6347a0f3aaef3a190ba5c79b69126f7f76a1a24f6be50396516219abd739