diff --git a/.changelog/5909.bugfix.md b/.changelog/5909.bugfix.md
deleted file mode 100644
index d45f5c86eaa..00000000000
--- a/.changelog/5909.bugfix.md
+++ /dev/null
@@ -1 +0,0 @@
-runtime: Do not persist updated trusted state for TDX
diff --git a/.changelog/5951.internal.md b/.changelog/5951.internal.md
deleted file mode 100644
index 37cf7f0877d..00000000000
--- a/.changelog/5951.internal.md
+++ /dev/null
@@ -1 +0,0 @@
-go: Bump go-libp2p to 0.37.2
diff --git a/.punch_version.py b/.punch_version.py
index 438072eaf88..12a01122514 100644
--- a/.punch_version.py
+++ b/.punch_version.py
@@ -1,3 +1,3 @@
 year = '24'
 minor = 3
-micro = 0
+micro = 1
diff --git a/CHANGELOG.md b/CHANGELOG.md
index d7c9c58a708..d8047a323ac 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,24 @@ The format is inspired by [Keep a Changelog].
 
 <!-- TOWNCRIER -->
 
+## 24.3.1 (2024-11-29)
+
+| Protocol          | Version   |
+|:------------------|:---------:|
+| Consensus         | 7.0.0     |
+| Runtime Host      | 5.1.0     |
+| Runtime Committee | 5.0.0     |
+
+### Bug Fixes
+
+- runtime: Do not persist updated trusted state for TDX
+  ([#5909](https://github.com/oasisprotocol/oasis-core/issues/5909))
+
+### Internal Changes
+
+- go: Bump go-libp2p to 0.37.2
+  ([#5951](https://github.com/oasisprotocol/oasis-core/issues/5951))
+
 ## 24.3 (2024-10-14)
 
 | Protocol          | Version   |