Synthesis and isolation of highly unstable azirinobenzoxazole and benzoxazines in a chemodivergent fashion from aryl azido vinylogous carbonates by simple change in transition metal acetate is described. Thermal or rhodium(II) acetate‐mediated decomposition of these azides gave dihydroazirino benzoxazole. Their nickel(II) acetate‐promoted reaction gave 4‐dihydro‐2H‐benzoxazines, whereas copper(II) acetate led to the corresponding oxidized imine derivatives. Benzaoxazine derivative could be kinetically resolved using a proline‐catalyzed Mannich reaction. The benzoxazines were rapidly elaborated to angularly fused tetracyclic systems and coumarin‐fused derivatives in a “one pot” fashion.