A comprehensive study of the generalized Lambert series $\displaystyle\sum_{n=1}^{\infty}\frac{n^{N-2h}\exp{(-an^{N}x)}}{1-\exp{(-n^{N}x)}}, 0<a\leq 1,\ x>0N\inh\in$, is undertaken. Two of the general transformations of this series that we obtain here lead to two-parameter generalizations of Ramanujan’s famous formula for , and the transformation formula for . Numerous important special cases of our transformations are derived. An identity relating is obtained for odd and . Certain transcendence results of Zudilin- and Rivoal-type are obtained for odd zeta values and generalized Lambert series. A criterion for transcendence of and a Zudilin-type result on irrationality of Euler’s constant are also given. New results analogous to those of Ramanujan and Klusch for even, and a transcendence result involving , are obtained.

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