diff --git a/desktop/mate/mate-panel/pspec.xml b/desktop/mate/mate-panel/pspec.xml
index 0eaa95e09a..e048e6a119 100644
--- a/desktop/mate/mate-panel/pspec.xml
+++ b/desktop/mate/mate-panel/pspec.xml
@@ -13,7 +13,7 @@
         <IsA>app:gui</IsA>
         <Summary>GNOME panel</Summary>
         <Description>GNOME panel is located in the edge of screen that provides contains widgets such as application launcher, cpu monitor and workspace switcher.</Description>
-        <Archive sha1sum="46d010855032fedf7f8f38eb97a3389a1b055542" type="tarxz">http://pub.mate-desktop.org/releases/1.27/mate-panel-1.27.1.tar.xz</Archive>
+        <Archive sha1sum="72f85f12539139b8477025e010e4884a75eebb64" type="tarxz">http://pub.mate-desktop.org/releases/1.27/mate-panel-1.27.3.tar.xz</Archive>
         <BuildDependencies>
             <Dependency>gtk3-devel</Dependency>
             <Dependency>libSM-devel</Dependency>
@@ -101,6 +101,13 @@
     </Package>
 
     <History>
+        <Update release="12">
+            <Date>2024-02-04</Date>
+            <Version>1.27.3</Version>
+            <Comment>Version bump.</Comment>
+            <Name>Mustafa Cinasal</Name>
+            <Email>muscnsl@gmail.com</Email>
+        </Update>
         <Update release="11">
             <Date>2023-04-05</Date>
             <Version>1.27.1</Version>