diff --git a/CHANGELOG.md b/CHANGELOG.md
index 20f27c137a494..91bc59e2a0b64 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,7 @@ Inspired from [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 - Bump `org.bouncycastle:bc-fips` from 1.0.2.3 to 1.0.2.4 ([#10297](https://github.com/opensearch-project/OpenSearch/pull/10297))
 - Bump `org.apache.avro:avro` from 1.10.2 to 1.11.3 ([#11502](https://github.com/opensearch-project/OpenSearch/pull/11502))
 - Bump `jetty` from 9.4.51.v20230217 to 9.4.52.v20230823 ([#11501](https://github.com/opensearch-project/OpenSearch/pull/11501))
+- Bump `io.projectreactor:reactor-core` from 3.4.23 to 3.4.34 and reactor-netty from 1.0.24 to 1.0.39 ([#11500](https://github.com/opensearch-project/OpenSearch/pull/11500))
 
 ### Changed
 - Use iterative approach to evaluate Regex.simpleMatch ([#11060](https://github.com/opensearch-project/OpenSearch/pull/11060))
diff --git a/buildSrc/version.properties b/buildSrc/version.properties
index e6e1abe191d80..09b51aefc284e 100644
--- a/buildSrc/version.properties
+++ b/buildSrc/version.properties
@@ -27,6 +27,8 @@ protobuf          = 3.22.3
 jna               = 5.5.0
 
 netty             = 4.1.101.Final
+reactor_netty     = 1.0.39
+reactor           = 3.4.34
 joda              = 2.12.2
 jetty             = 9.4.52.v20230823
 
diff --git a/plugins/repository-azure/build.gradle b/plugins/repository-azure/build.gradle
index ff1b5916ead35..e3d713f5bf452 100644
--- a/plugins/repository-azure/build.gradle
+++ b/plugins/repository-azure/build.gradle
@@ -54,12 +54,12 @@ dependencies {
   api "io.netty:netty-resolver-dns:${versions.netty}"
   api "io.netty:netty-transport-native-unix-common:${versions.netty}"
   implementation project(':modules:transport-netty4')
-  api 'com.azure:azure-storage-blob:12.14.1'
-  api 'org.reactivestreams:reactive-streams:1.0.3'
-  api 'io.projectreactor:reactor-core:3.4.23'
-  api 'io.projectreactor.netty:reactor-netty:1.1.2'
-  api 'io.projectreactor.netty:reactor-netty-core:1.0.24'
-  api 'io.projectreactor.netty:reactor-netty-http:1.0.24'
+  api 'com.azure:azure-storage-blob:12.14.4'
+  api 'org.reactivestreams:reactive-streams:1.0.4'
+  api "io.projectreactor:reactor-core:${versions.reactor}"
+  api "io.projectreactor.netty:reactor-netty:${versions.reactor_netty}"
+  api "io.projectreactor.netty:reactor-netty-core:${versions.reactor_netty}"
+  api "io.projectreactor.netty:reactor-netty-http:${versions.reactor_netty}"
   api "org.slf4j:slf4j-api:${versions.slf4j}"
   api "com.fasterxml.jackson.core:jackson-annotations:${versions.jackson}"
   api "com.fasterxml.jackson.core:jackson-databind:${versions.jackson_databind}"
@@ -99,24 +99,6 @@ thirdPartyAudit {
     'com.azure.storage.internal.avro.implementation.AvroReaderFactory',
     'com.azure.storage.internal.avro.implementation.schema.AvroSchema',
     'com.ctc.wstx.shaded.msv_core.driver.textui.Driver',
-    'io.micrometer.core.instrument.Clock',
-    'io.micrometer.core.instrument.Counter',
-    'io.micrometer.core.instrument.Counter$Builder',
-    'io.micrometer.core.instrument.DistributionSummary',
-    'io.micrometer.core.instrument.DistributionSummary$Builder',
-    'io.micrometer.core.instrument.Gauge',
-    'io.micrometer.core.instrument.Gauge$Builder',
-    'io.micrometer.core.instrument.Meter',
-    'io.micrometer.core.instrument.MeterRegistry',
-    'io.micrometer.core.instrument.Metrics',
-    'io.micrometer.core.instrument.Tag',
-    'io.micrometer.core.instrument.Tags',
-    'io.micrometer.core.instrument.Timer',
-    'io.micrometer.core.instrument.Timer$Builder',
-    'io.micrometer.core.instrument.Timer$Sample',
-    'io.micrometer.core.instrument.binder.jvm.ExecutorServiceMetrics',
-    'io.micrometer.core.instrument.composite.CompositeMeterRegistry',
-    'io.micrometer.core.instrument.search.Search',
     'io.netty.channel.epoll.Epoll',
     'io.netty.channel.epoll.EpollDatagramChannel',
     'io.netty.channel.epoll.EpollServerSocketChannel',
@@ -158,6 +140,33 @@ thirdPartyAudit {
     'javax.xml.bind.annotation.adapters.XmlJavaTypeAdapter',
     'javax.xml.bind.annotation.adapters.XmlJavaTypeAdapter$DEFAULT',
     'javax.xml.bind.annotation.adapters.XmlJavaTypeAdapters',
+    'org.osgi.framework.BundleActivator',
+    'org.osgi.framework.BundleContext',
+    'org.slf4j.impl.StaticLoggerBinder',
+    'org.slf4j.impl.StaticMDCBinder',
+    'org.slf4j.impl.StaticMarkerBinder',
+    'reactor.blockhound.BlockHound$Builder',
+    'reactor.blockhound.integration.BlockHoundIntegration',
+    'io.micrometer.context.ContextAccessor',
+    'io.micrometer.core.instrument.Clock',
+    'io.micrometer.core.instrument.Counter',
+    'io.micrometer.core.instrument.Counter$Builder',
+    'io.micrometer.core.instrument.DistributionSummary',
+    'io.micrometer.core.instrument.DistributionSummary$Builder',
+    'io.micrometer.core.instrument.Gauge',
+    'io.micrometer.core.instrument.Gauge$Builder',
+    'io.micrometer.core.instrument.Meter',
+    'io.micrometer.core.instrument.Meter$Type',
+    'io.micrometer.core.instrument.MeterRegistry',
+    'io.micrometer.core.instrument.Metrics',
+    'io.micrometer.core.instrument.Tag',
+    'io.micrometer.core.instrument.Tags',
+    'io.micrometer.core.instrument.Timer',
+    'io.micrometer.core.instrument.Timer$Builder',
+    'io.micrometer.core.instrument.Timer$Sample',
+    'io.micrometer.core.instrument.binder.jvm.ExecutorServiceMetrics',
+    'io.micrometer.core.instrument.composite.CompositeMeterRegistry',
+    'io.micrometer.core.instrument.search.Search',
     'kotlin.collections.ArraysKt',
     'kotlin.jvm.JvmClassMappingKt',
     'kotlin.jvm.functions.Function0',
@@ -168,14 +177,7 @@ thirdPartyAudit {
     'kotlin.jvm.internal.markers.KMappedMarker',
     'kotlin.reflect.KClass',
     'kotlin.reflect.KDeclarationContainer',
-    'kotlin.sequences.Sequence',
-    'org.osgi.framework.BundleActivator',
-    'org.osgi.framework.BundleContext',
-    'org.slf4j.impl.StaticLoggerBinder',
-    'org.slf4j.impl.StaticMDCBinder',
-    'org.slf4j.impl.StaticMarkerBinder',
-    'reactor.blockhound.BlockHound$Builder',
-    'reactor.blockhound.integration.BlockHoundIntegration'
+    'kotlin.sequences.Sequence'
   )
 
   ignoreViolations(
diff --git a/plugins/repository-azure/licenses/azure-storage-blob-12.14.1.jar.sha1 b/plugins/repository-azure/licenses/azure-storage-blob-12.14.1.jar.sha1
deleted file mode 100644
index d9c6f462089e3..0000000000000
--- a/plugins/repository-azure/licenses/azure-storage-blob-12.14.1.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-384763aef32d779ee22ef3faa03049fee7e0f6de
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/azure-storage-blob-12.14.4.jar.sha1 b/plugins/repository-azure/licenses/azure-storage-blob-12.14.4.jar.sha1
new file mode 100644
index 0000000000000..5333f8fa90ada
--- /dev/null
+++ b/plugins/repository-azure/licenses/azure-storage-blob-12.14.4.jar.sha1
@@ -0,0 +1 @@
+2b92020693d09e4980b96d278e8038a1087afea0
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactive-streams-1.0.3.jar.sha1 b/plugins/repository-azure/licenses/reactive-streams-1.0.3.jar.sha1
deleted file mode 100644
index 77210f7c7b402..0000000000000
--- a/plugins/repository-azure/licenses/reactive-streams-1.0.3.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-d9fb7a7926ffa635b3dcaa5049fb2bfa25b3e7d0
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactive-streams-1.0.4.jar.sha1 b/plugins/repository-azure/licenses/reactive-streams-1.0.4.jar.sha1
new file mode 100644
index 0000000000000..45a80e3f7e361
--- /dev/null
+++ b/plugins/repository-azure/licenses/reactive-streams-1.0.4.jar.sha1
@@ -0,0 +1 @@
+3864a1320d97d7b045f729a326e1e077661f31b7
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-core-3.4.23.jar.sha1 b/plugins/repository-azure/licenses/reactor-core-3.4.23.jar.sha1
deleted file mode 100644
index e398f1672188c..0000000000000
--- a/plugins/repository-azure/licenses/reactor-core-3.4.23.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-94bb06e2c4e6968c6faf4f5363cb278351f44a6a
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-core-3.4.34.jar.sha1 b/plugins/repository-azure/licenses/reactor-core-3.4.34.jar.sha1
new file mode 100644
index 0000000000000..12ad7039d140e
--- /dev/null
+++ b/plugins/repository-azure/licenses/reactor-core-3.4.34.jar.sha1
@@ -0,0 +1 @@
+acd10fd94f7a04b49253ef044f4fbf37a54aec40
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-1.0.39.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-1.0.39.jar.sha1
new file mode 100644
index 0000000000000..fec4e01a88578
--- /dev/null
+++ b/plugins/repository-azure/licenses/reactor-netty-1.0.39.jar.sha1
@@ -0,0 +1 @@
+db2590d899a11a58cac9ff8e71c33acf10d2e3f1
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-1.1.2.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-1.1.2.jar.sha1
deleted file mode 100644
index 5198e6caabe07..0000000000000
--- a/plugins/repository-azure/licenses/reactor-netty-1.1.2.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-e3bc060179a0776016f629e3b1a1d1c8e51b7112
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-core-1.0.24.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-core-1.0.24.jar.sha1
deleted file mode 100644
index 3f5c8670c6c00..0000000000000
--- a/plugins/repository-azure/licenses/reactor-netty-core-1.0.24.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-feaecb39237170aafb23935e9b383e8dda281379
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-core-1.0.39.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-core-1.0.39.jar.sha1
new file mode 100644
index 0000000000000..4e00b2c6bd6ef
--- /dev/null
+++ b/plugins/repository-azure/licenses/reactor-netty-core-1.0.39.jar.sha1
@@ -0,0 +1 @@
+67c01cb2b23f2393506f8387f212780e3c53cdfd
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-http-1.0.24.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-http-1.0.24.jar.sha1
deleted file mode 100644
index aa0ca72e38cd0..0000000000000
--- a/plugins/repository-azure/licenses/reactor-netty-http-1.0.24.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-2fac480a17f752335318f103ab91427bdfb7716a
\ No newline at end of file
diff --git a/plugins/repository-azure/licenses/reactor-netty-http-1.0.39.jar.sha1 b/plugins/repository-azure/licenses/reactor-netty-http-1.0.39.jar.sha1
new file mode 100644
index 0000000000000..dfef8d2d844e2
--- /dev/null
+++ b/plugins/repository-azure/licenses/reactor-netty-http-1.0.39.jar.sha1
@@ -0,0 +1 @@
+dbdf614dbfd8ad3f50108c9ca8d440c05f33a18e
\ No newline at end of file