A number of di-and triol-centered polyols such as 2, 2-dimethyl-1, 3-propane diol, 2, 2-diethyl-1, 3-propane diol and 1, 1, 1-tris hydroxy methyl propane complex esters have been synthesized using di-carboxylic acids like adipic and sebacic acids (C 6 -C 10 ) and 2-ethyl 1-hexanol with indigenous ion-exchange resin (Indion-130) catalyst. The applicability of these esters as automotive gear lubricants has been evaluated. The products were found to be compatible with extreme pressure additives. In addition, the products are readily biodegradable.