The Company manufactures finished leather of various types, stitched
 shoe express, fancy leather goods, precision machine tool accessories
 such as collets and feed fingers, transmision leather belting, Cone
 drum belts and other strap items.  The Company also carries on
 business of air cargo and clearing and forwarding.
 
 The Company was founded in 1868 as a partnership firm by H.E. Gordon
 and G.W.P. Woodroffe with one office in Madras and another in London
 is do essentially merchant trading.
 
 In 1924, the offices at both Madras & London were converted into two
 independent limited companies.  The Company at Madras has since been
 functioning under the name Gordon Woodroffe & Company (Madras) Pvt.
 Ltd., upto 31st March, 1980 when it was converted into a public
 limited company.  The name was changed to Gordon Woodroffe Ltd with
 effect from 9th April, 1980.
 
 Tullis Woodroffe & Co. Ltd is a subsidiary of the Company.
 
 The major activities since inception were shipping, dealing in East
 Indian products, particularly in dressed hides and skins popularly
 known as East Indian semi-tanned leathers and all other activities
 connected with shipping such as clearing and forwarding cargo,
 superintending etc.  In 1928, the company undertook the manufacture
 chrome tanned finished leathers and started producing finished
 leathers ready for making shoes/footwear and fancy leather and travel
 goods.  This manufacturing activity was carried on by a subsidiary
 company under the name of Gordon Woodroffe Leather Manufacturing Co.
 Ltd.  IN 1968, this subsidiary was merged with the company and it
 started functioning as a separate division of the company.
 
 The Company's freehold land at Pallavaram and George Town at Madras
 were revalued as on 30th June, 1985 & the net surplus was credited to
 Capital Reserve.
 
 2001 - Jumbo International Holdings Ltd. proposes to acquire
 10,11,383 shares of the
              company by way of inter se transfer.
 
 2002-Vidya Manohar Chhabria appointed as Chairman of Gordon
 Woodroffe.
 
 -Ram Gupta appointed as Director of Gordon Woodroffe.
 
 -H N Nanani appointed as Director on the Board of Gordon Woodroffe.
 
 2003
 
 -Gordon Woodroffe accepts resignation of Mr S K Kothari
 
 2007
 
 -Company name has been changed from Gordon Woodroffe Ltd to GWL
 Properties Ltd.