On Friday, Thangavelu clinched the gold in T-42 high jump at Rio, after which media reports emerged that the athlete has been selected to carry India's flag at the closing ceremony.
But when IANS contacted Singh, he said: "any such decision will only be taken by September 16 or 17."
Asserting that the Indian athletes will win a few more gold medals, a confident Singh said: "We will win many more gold medals in the coming days and script world records. Thereafter, we will take a decision on the flag bearer."
Besides Thangavelu's gold, woman shot-putter Deepa Malik on Monday added to India's kitty by bagging the silver with a personal best throw of 4.61 in her six attempts.
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