diff --git a/docs/sources/helm-charts/mimir-distributed/release-notes/v5.1.md b/docs/sources/helm-charts/mimir-distributed/release-notes/v5.1.md
index 03650f5e094..1e1c2c425ac 100644
--- a/docs/sources/helm-charts/mimir-distributed/release-notes/v5.1.md
+++ b/docs/sources/helm-charts/mimir-distributed/release-notes/v5.1.md
@@ -33,3 +33,7 @@ Notable enhancements are as follows:
 ## 5.1.1
 
 - [PR 6371](https://github.com/grafana/mimir/pull/6371): Updated the Mimir and GEM images to 2.10.2. These include some bugfixes and update grpc-go library to 1.57.1 and golang.org/x/net to 0.17, which include fix for CVE-2023-44487.
+
+## 5.1.2
+
+- [PR 6427](https://github.com/grafana/mimir/pull/6427): Updated the Mimir and GEM images to 2.10.3. These include a fix to the previous release. Update grpc-go library to 1.57.2-dev that includes a fix for a bug introduced in 1.57.1.
diff --git a/operations/helm/charts/mimir-distributed/CHANGELOG.md b/operations/helm/charts/mimir-distributed/CHANGELOG.md
index 505939e199e..9757ca16fe5 100644
--- a/operations/helm/charts/mimir-distributed/CHANGELOG.md
+++ b/operations/helm/charts/mimir-distributed/CHANGELOG.md
@@ -28,6 +28,10 @@ Entries should include a reference to the Pull Request that introduced the chang
 
 ## main / unreleased
 
+## 5.1.2
+
+* [BUGFIX] Update Mimir image to 2.10.3 and GEM image to v2.10.3. #6427
+
 ## 5.1.1
 
 * [BUGFIX] Update Mimir image to 2.10.2 and GEM image to v2.10.2. #6371
diff --git a/operations/helm/charts/mimir-distributed/Chart.yaml b/operations/helm/charts/mimir-distributed/Chart.yaml
index 268f898ff4a..e519375e8f1 100644
--- a/operations/helm/charts/mimir-distributed/Chart.yaml
+++ b/operations/helm/charts/mimir-distributed/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
-version: 5.1.1
-appVersion: 2.10.2
+version: 5.1.2
+appVersion: 2.10.3
 description: "Grafana Mimir"
 home: https://grafana.com/docs/helm-charts/mimir-distributed/latest/
 icon: https://grafana.com/static/img/logos/logo-mimir.svg
diff --git a/operations/helm/charts/mimir-distributed/README.md b/operations/helm/charts/mimir-distributed/README.md
index 828f127c3fe..6ec6cbc5fed 100644
--- a/operations/helm/charts/mimir-distributed/README.md
+++ b/operations/helm/charts/mimir-distributed/README.md
@@ -4,7 +4,7 @@ Helm chart for deploying [Grafana Mimir](https://grafana.com/docs/mimir/latest/)
 
 For the full documentation, visit [Grafana mimir-distributed Helm chart documentation](https://grafana.com/docs/helm-charts/mimir-distributed/latest/).
 
-> **Note:** The documentation version is derived from the Helm chart version which is 5.1.1.
+> **Note:** The documentation version is derived from the Helm chart version which is 5.1.2.
 
 When upgrading from Helm chart version 4.X, please see [Migrate the Helm chart from version 4.x to 5.0](https://grafana.com/docs/helm-charts/mimir-distributed/latest/migration-guides/migrate-helm-chart-4.x-to-5.0/).
 When upgrading from Helm chart version 3.x, please see [Migrate from single zone to zone-aware replication with Helm](https://grafana.com/docs/helm-charts/mimir-distributed/latest/migration-guides/migrate-from-single-zone-with-helm/).
@@ -14,7 +14,7 @@ When upgrading from Helm chart version 2.1, please see [Upgrade the Grafana Mimi
 
 # mimir-distributed
 
-![Version: 5.1.1](https://img.shields.io/badge/Version-5.1.1-informational?style=flat-square) ![AppVersion: 2.10.2](https://img.shields.io/badge/AppVersion-2.10.2-informational?style=flat-square)
+![Version: 5.1.2](https://img.shields.io/badge/Version-5.1.2-informational?style=flat-square) ![AppVersion: 2.10.3](https://img.shields.io/badge/AppVersion-2.10.3-informational?style=flat-square)
 
 Grafana Mimir
 
diff --git a/operations/helm/charts/mimir-distributed/values.yaml b/operations/helm/charts/mimir-distributed/values.yaml
index 1bf2015321c..7fb05a190d2 100644
--- a/operations/helm/charts/mimir-distributed/values.yaml
+++ b/operations/helm/charts/mimir-distributed/values.yaml
@@ -34,7 +34,7 @@ image:
   # -- Grafana Mimir container image repository. Note: for Grafana Enterprise Metrics use the value 'enterprise.image.repository'
   repository: grafana/mimir
   # -- Grafana Mimir container image tag. Note: for Grafana Enterprise Metrics use the value 'enterprise.image.tag'
-  tag: 2.10.2
+  tag: 2.10.3
   # -- Container pull policy - shared between Grafana Mimir and Grafana Enterprise Metrics
   pullPolicy: IfNotPresent
   # -- Optionally specify an array of imagePullSecrets - shared between Grafana Mimir and Grafana Enterprise Metrics
@@ -3061,7 +3061,7 @@ enterprise:
     # -- Grafana Enterprise Metrics container image repository. Note: for Grafana Mimir use the value 'image.repository'
     repository: grafana/enterprise-metrics
     # -- Grafana Enterprise Metrics container image tag. Note: for Grafana Mimir use the value 'image.tag'
-    tag: v2.10.2
+    tag: v2.10.3
     # Note: pullPolicy and optional pullSecrets are set in toplevel 'image' section, not here
 
 # In order to use Grafana Enterprise Metrics features, you will need to provide the contents of your Grafana Enterprise Metrics
@@ -3546,7 +3546,7 @@ gr-metricname-cache:
 smoke_test:
   image:
     repository: grafana/mimir-continuous-test
-    tag: 2.10.2
+    tag: 2.10.3
     pullPolicy: IfNotPresent
   tenantId: ''
   extraArgs: {}
@@ -3566,7 +3566,7 @@ continuous_test:
   replicas: 1
   image:
     repository: grafana/mimir-continuous-test
-    tag: 2.10.2
+    tag: 2.10.3
     pullPolicy: IfNotPresent
     # Note: optional pullSecrets are set in toplevel 'image' section, not here