The paper studies the plastic flow behavior of tensile specimens of ultrafine-grained steel 08G2B, which exhibits the strain aging effect, using the digital image correlation method, electron orientation microscopy, and microindentation. Standard flat tensile specimens were tested with a constant strain rate in the initial state (after controlled rolling) and controlled rolling + heating to 680°C for 30 min followed by air cooling. The appearance of Chernov-Luders bands in the specimen was observed at the strain degree δ * 3%. Texture analysis and microidentification were carried out in different regions outside, at the front, and inside the Chernov-Luders band. It was shown that the plastic flow in the Chernov-Luders band leads to an increase in the microhardness and the appearance of new texture components such as {112}{111} and {001}{110}.