diff --git a/ChangeLog b/ChangeLog
index fdf96c4..69ccf53 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,9 @@
+Release 2.3.2 - 2026/01/13
+
+  * out_sql: Use isolated connection configurations in the output plugin (#152)
+  * gem: Add ostruct as dependency for Ruby 4.0 (#159)
+  * gem: Relax required activesupport version to accept latest one (#161, #148)
+
 Release 2.3.1 - 2024/02/29
 
 　* in_sql: Fix incompatibility against Ruby 3.2
diff --git a/VERSION b/VERSION
index a625450..e703481 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.3.1
\ No newline at end of file
+2.3.2
\ No newline at end of file