We present a mild, efficient, and one‐pot method for silyl promoted transformation of cyclic anhydrides into homo‐ and hetero‐dicarboxylic acid diesters and amide esters. This versatile reaction operates under ambient conditions, on a gram scale, and accommodates a wide range of alcohols, amines, and anhydrides. The one‐pot process involves a two‐step sequence, starting with the nucleophilic opening of the anhydride, facilitated by either an amine or an alcohol, followed by esterification. TMSCl serves a dual role, acting as a sacrificial reagent to remove in situ water and as a Lewis acid catalyst. The reaction proceeds successfully in both the absence and presence of a base, as confirmed by NMR and crossover experiments, which demonstrated the formation of half ester and alkyl silyl mixed ester under their respective conditions. Controlled experiments have shown that the one‐pot process yields higher efficiencies when compared to the same reaction conducted using a two‐step process. This is the first comprehensive study demonstrating a broad substrate scope for the conversion of cyclic anhydride into diesters and amide esters. The method finds application in the synthesis of various commercial plasticizers.