diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3603c84e..45cca482 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 ## Plugin Manager (dd-mm-yyyy)
 
+### 1.1.8 (23-02-2026)
+
+- Fix for bs 1.7.61 build no 22714
+
 ### 1.1.7 (15-02-2026)
 
 - Added function to fill form details for plugin bug report button
diff --git a/index.json b/index.json
index 3ee912d2..f9bc733b 100644
--- a/index.json
+++ b/index.json
@@ -1,6 +1,12 @@
 {
   "plugin_manager_url": "https://github.com/bombsquad-community/plugin-manager/{content_type}/{tag}/plugin_manager.py",
   "versions": {
+    "1.1.8": {
+      "api_version": 9,
+      "commit_sha": "8222081",
+      "released_on": "23-02-2026",
+      "md5sum": "8e8e9fc5b818883102c6081619404318"
+    },
     "1.1.7": {
       "api_version": 9,
       "commit_sha": "af881af",
diff --git a/plugin_manager.py b/plugin_manager.py
index 7e5b8a29..fce6017a 100644
--- a/plugin_manager.py
+++ b/plugin_manager.py
@@ -26,7 +26,7 @@
 # Modules used for overriding AllSettingsWindow
 import logging
 
-PLUGIN_MANAGER_VERSION = "1.1.7"
+PLUGIN_MANAGER_VERSION = "1.1.8"
 REPOSITORY_URL = "https://github.com/bombsquad-community/plugin-manager"
 # Current tag can be changed to "staging" or any other branch in
 # plugin manager repo for testing purpose.
@@ -43,7 +43,12 @@
     "User-Agent": _env["legacy_user_agent_string"],
 }
 PLUGIN_DIRECTORY = _env["python_directory_user"]
-loop = babase._asyncio._asyncio_event_loop
+
+# compatibility for older API versions.
+if _env.get("build_number", 0) < 22714:
+    babase._asyncio._g_asyncio_event_loop = babase._asyncio._asyncio_event_loop
+
+loop = babase._asyncio._g_asyncio_event_loop
 
 open_popups = []
 
@@ -3415,7 +3420,7 @@ def on_app_running(self) -> None:
         from bauiv1lib.settings import allsettings
         allsettings.AllSettingsWindow = NewAllSettingsWindow
         DNSBlockWorkaround.apply()
-        asyncio.set_event_loop(babase._asyncio._asyncio_event_loop)
+        asyncio.set_event_loop(babase._asyncio._g_asyncio_event_loop)
         startup_tasks = StartupTasks()
 
         loop.create_task(startup_tasks.execute())