The present study addresses the evolution of texture and microstructure during annealing in a cryo-rolled copper. Transition from copper to brass texture during the cryo-rolling has been illustrated. Twinning and interaction between twins and shear bands have been found to play the important role in grain refinement and strengthening. The low temperature vacancy clustering and its effect on the recrystallization have been experimentally demonstrated. Fine scale twinning, and grain refinement have been attributed to the higher yield strength found in the case of samples subjected to cryo-rolling.